Marcus

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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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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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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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. Get the Full Story Complete the form to unlock this...

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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  |  Banking

In financial services, as in pretty much any vertical, there’s a concept known as the race to the bottom. Get the Full Story Complete the...

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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  |  Banking

There’s an old saying in the newspaper business: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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