consumer banking

Goldman Sachs Sells GreenSky Platform and Loan Assets

Goldman Sachs Sells GreenSky Platform and Loan Assets
Goldman Sachs Sells GreenSky Platform and Loan Assets
October 11, 2023  |  Fintech Investments

Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street....

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Report: Goldman Sachs Nearing Sale of GreenSky Unit
Report: Goldman Sachs Nearing Sale of GreenSky Unit
September 20, 2023  |  Partnerships

Goldman Sachs is reportedly in advanced talks with possible buyers for its FinTech lender GreenSky. As the Wall Street Journal (WSJ) reported Tuesday (Sept. 19),...

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Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
September 13, 2023  |  Banking

In the retail banking industry, convenience and trust are two pivotal elements that significantly influence customer satisfaction and the acquisition of new customers. In the...

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Goldman Reportedly Wants to Hand Off Apple Card to Amex
Goldman Reportedly Wants to Hand Off Apple Card to Amex
July 02, 2023  |  Mobile Commerce

Goldman Sachs’ credit card partnership with Apple could be nearing an end. The banking giant is said to be in discussions with American Express to take over the...

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Europe’s Lenders See ‘Bank Walk’ as Consumers Pull Savings
Europe’s Lenders See ‘Bank Walk’ as Consumers Pull Savings
May 04, 2023  |  Banking

European consumers are reportedly pulling their savings from bank accounts as they seek better deals. As Reuters reported Thursday (May 4), this phenomenon has emerged as some...

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Main Street Push Dims as Goldman Books Loss on Marcus Loan Sale
Main Street Push Dims as Goldman Books Loss on Marcus Loan Sale
April 18, 2023  |  Earnings

Goldman’s Main Street push is receding a bit further into memory. By booking a $470 million loss on the partial sale of its book of...

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Wells Fargo Names Saul Van Beurden to Lead Consumer Banking
Wells Fargo Names Saul Van Beurden to Lead Consumer Banking
April 13, 2023  |  Personnel

Wells Fargo has named Saul Van Beurden CEO of Consumer & Small Business Banking. Van Beurden will succeed Mary Mack on May 15, as Mack will retire from the company...

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Goldman’s Detour From Main Street Consumers Shows Challenges of Digital Banking
Goldman’s Detour From Main Street Consumers Shows Challenges of Digital Banking
February 28, 2023  |  Banking

For Goldman Sachs, the journey down Main Street now seems like an ill-advised detour. As reported here, the white-shoe investment bank is mulling what’s next for its...

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Europe’s Challenger Banks Jostle For Under-18 Market Share
Europe’s Challenger Banks Jostle For Under-18 Market Share
February 13, 2023  |  Banking

With more and more consumers embracing digital-first banks, the under-18 crowd presents the next generation of customers.  But digital banking products for minors have not...

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