Goldman Sachs could sell its personal financial management business as it moves away from retail banking. “We see continued opportunities to invest in this segment but...
Goldman Sachs’ retreat from Main Street banking continues — and the second quarter results showed the lingering impact. While Wall Street may be parsing the...
French telecom Orange plans to exit the retail banking business in France and Spain. The firm, which launched Orange Bank in 2017, is in exclusive talks with BNP Paribas to have that...
Europe’s retail banking sector is battling weak consumer sentiment and the threat of loan defaults. To curb losses and adapt to a difficult consumer credit...
Goldman Sachs reportedly plans to make cutbacks in its retail banking business. The Financial Times reported Monday (Dec. 12) that the firm is considering cutting...
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...
Citigroup is planning to end its retail banking operations in the U.K., shifting its focus to its wealthiest clients. According to a news release Wednesday...
JPMorgan will hire a team of retail bankers in Germany, as it looks at expanding its international consumer business and seek steadier revenue streams, Reuters...