Marcus

Goldman Sachs Considering Expanding Retail Bank Into Ireland and Germany

Goldman Sachs Considering Expanding Retail Bank Into Ireland and Germany
Goldman Sachs Considering Expanding Retail Bank Into Ireland and Germany
May 13, 2025  |  Banking

Goldman Sachs Group is reportedly considering expanding its retail bank, Marcus, to Ireland and Germany. The company has held early-stage discussions with Irish regulators and...

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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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Report: Goldman Sachs Completes $1 Billion Loan Sale to Varde
Report: Goldman Sachs Completes $1 Billion Loan Sale to Varde
July 13, 2023  |  Loans

Goldman Sachs has reportedly completed a $1 billion loan sale to the investment firm Varde as part of its plans to exit from its Marcus consumer loan business. Varde bought...

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JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023  |  Banking

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Piepszak has predicted...

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Report: Online Banks’ Deposits Grow as Regionals Struggle
Report: Online Banks’ Deposits Grow as Regionals Struggle
June 04, 2023  |  Banking

It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than...

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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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Goldman Sachs Reveals Multi-Agency Credit Card Probe
Goldman Sachs Reveals Multi-Agency Credit Card Probe
February 27, 2023  |  Bank Regulation

A federal investigation into Goldman Sachs’ credit card business has apparently expanded. The Wall Street giant revealed last year that the Consumer Financial Protection Bureau (CFPB)...

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Former Head of Goldman’s Marcus Unit Leaving Company
Former Head of Goldman’s Marcus Unit Leaving Company
February 10, 2023  |  Personnel

A former head of Goldman Sachs’ mass-market retail effort, Marcus, is reportedly leaving the bank. Peeyush Nahar, who joined Goldman Sachs in 2021 to lead the...

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