Marcus

Fed Wants More Information From Goldman on Marcus Risk Management
Fed Wants More Information From Goldman on Marcus Risk Management
January 20, 2023  |  Bank Regulation

The Federal Reserve is reportedly investigating Goldman Sachs’ consumer business, Marcus. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Goldman Grows Installment and Card Loans but Charge-Offs Soar
Goldman Grows Installment and Card Loans but Charge-Offs Soar
January 17, 2023  |  Earnings

Goldman Sach’s struggles in consumer lending and cards were telegraphed – but now they are etched in stone. Get the Full Story Complete the form...

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Goldman’s Platform Losses Show Embedded Finance’s Path May Be Rocky
Goldman’s Platform Losses Show Embedded Finance’s Path May Be Rocky
January 13, 2023  |  Digital-First Banking

Marcus aside, Goldman Sachs has heavy lifting ahead as the Wall Street giant pursues embedded finance. Get the Full Story Complete the form to unlock...

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Goldman Sachs Reports $1.2B Loss on Consumer Platforms in 9 Months
Goldman Sachs Reports $1.2B Loss on Consumer Platforms in 9 Months
January 13, 2023  |  Banking

Goldman Sachs’ credit card and installment lending business lost $1.2 billion during the first three quarters of 2022. Get the Full Story Complete the form...

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Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  Get the Full Story Complete the form to unlock...

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Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
December 12, 2022  |  Banking

Goldman Sachs reportedly plans to make cutbacks in its retail banking business.  Get the Full Story Complete the form to unlock this article and enjoy...

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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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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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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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