Goldman Sachs

Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses

Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
October 18, 2022  |  Earnings

Amid the macro headwinds, Goldman Sachs’ digital bank is a work in progress. Get the Full Story Complete the form to unlock this article and...

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Report: Goldman Sachs Names Heads of 3 New Operating Segments
Report: Goldman Sachs Names Heads of 3 New Operating Segments
October 18, 2022  |  Personnel

Goldman Sachs has reportedly named the leaders of three new operating segments that the firm outlined in its earnings results presentation released Tuesday (Oct. 18)....

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Major Goldman Reorg Will Fold Consumer Banking Marcus into Wealth Management
Major Goldman Reorg Will Fold Consumer Banking Marcus into Wealth Management
October 17, 2022  |  Banking

Goldman Sachs is reportedly moving forward with one of the most extensive reorganizations in its 153-year history — and the Wall Street bank’s fourth restructuring...

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Apple Lets Card Users Set up Goldman Sachs Savings Accounts
Apple Lets Card Users Set up Goldman Sachs Savings Accounts
October 13, 2022  |  Apple

Apple has launched a new savings account for Apple Card users that lets them save their Daily Cash rewards and grow them in a high-yield...

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Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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Why Goldman’s Marcus May Have Missed the Mark
Why Goldman’s Marcus May Have Missed the Mark
October 10, 2022  |  Banking

The best-laid plans, wrote the poet Robert Burns, oft go astray. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Goldman Dials Back Retail Banking Focus
Goldman Dials Back Retail Banking Focus
October 10, 2022  |  Banking

Goldman Sachs could be reorganizing for the fourth time in three years as it rolls up the welcome mat on consumer banking for all and...

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Goldman Sachs and 15 Financial Firms Pay $1.1B to Settle SEC WhatsApp Probe
Goldman Sachs and 15 Financial Firms Pay $1.1B to Settle SEC WhatsApp Probe
September 27, 2022  |  Legal & Regulation

Goldman Sachs, Citigroup and other financial giants have agreed to pay regulators $1.1 billion in penalties for not monitoring employees using unauthorized messaging apps, according...

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