Marcus

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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Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus
Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus
September 16, 2022  |  Bank Regulation

The Federal Reserve is reportedly reviewing the operation of Goldman Sachs Group’s retail online banking platform, Marcus, asking questions of Goldman managers in a weeks-long...

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Cost, Tech Hurdles May Slow Goldman’s Checking Rollout
Cost, Tech Hurdles May Slow Goldman’s Checking Rollout
August 24, 2022  |  Banking

Goldman Sachs is reportedly considering further delay of its planned online checking accounts for consumers. The company’s consumer banking arm has struggled for a year...

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Goldman’s Marcus Raises Rates — and Bar for Neobanks
Goldman’s Marcus Raises Rates — and Bar for Neobanks
August 23, 2022  |  Digital-First Banking

In financial services, as in pretty much any vertical, there’s a concept known as the race to the bottom. Generally speaking, we might view this...

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Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
June 28, 2022  |  Digital-First Banking

There’s an old saying in the newspaper business: Never argue with someone who buys ink by the barrel. The implication of that statement is that...

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Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
April 14, 2022  |  Earnings

Despite the macro headwinds, the volatility in investment and Wall Street related businesses, Goldman Sachs continues to make headway in its consumer-facing segments — including...

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Goldman’s Marcus Chair Harit Talwar Retiring in October
Goldman’s Marcus Chair Harit Talwar Retiring in October
September 24, 2021  |  Personnel

When Harit Talwar joined Goldman Sachs in 2015, consumer banking was just an idea for the legacy financial institution. Now, after building Marcus into a...

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Today In Payments: Monday.com Eyes US IPO; Uber’s Nahar Chosen To Run Goldman’s Marcus
Today In Payments: Monday.com Eyes US IPO; Uber’s Nahar Chosen To Run Goldman’s Marcus
May 18, 2021  |  News

In today’s top news, Monday.com is seeking an IPO, a proposed New York City Council bill would require that restaurant aggregators share customer data with...

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Goldman Planning 2022 UK Launch Of Marcus App, Robo-Adviser
Goldman Planning 2022 UK Launch Of Marcus App, Robo-Adviser
May 18, 2021  |  Banking

Goldman Sachs is planning to launch an app in the U.K. for customers of its digital bank Marcus and also has plans in the works...

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