Goldman Sachs

Goldman Execs Battled Over End of Retail Banking, Report Says

Goldman Execs Battled Over End of Retail Banking, Report Says
Goldman Execs Battled Over End of Retail Banking, Report Says
October 23, 2022  |  Banking

A decision last week by Goldman Sachs to fold its consumer banking unit Marcus into other operations was the subject of conflict between CEO David...

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Report: Goldman Sachs Aims to Boost Engagement, Retention of Developers
Report: Goldman Sachs Aims to Boost Engagement, Retention of Developers
October 20, 2022  |  Technology

As Goldman Sachs works to build technology and software to optimize the experience of clients, it reportedly also aims to improve the experience of the...

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Sezzle Signs New $100M Credit Facility with Bastion, Replaces Goldman
Sezzle Signs New $100M Credit Facility with Bastion, Replaces Goldman
October 18, 2022  |  BNPL

Buy now pay later (BNPL) firm Sezzle signed a new $100 million credit facility with affiliates of Bastion Management, which will work as an administrative...

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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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