Marcus

Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules

Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
June 10, 2020  |  Banking

Goldman Sachs’ consumer digital bank Marcus is facing a nice problem to have (at least on the surface) in Britain. News emerged Wednesday (June 10)...

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Goldman Closes Marcus UK To New Deposits Amid Savings Surge
Goldman Closes Marcus UK To New Deposits Amid Savings Surge
June 10, 2020  |  Digital Banking

A global savings surge amid the coronavirus lockdowns is forcing Goldman Sachs to shut off its Marcus savings accounts to new customers in the United...

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Amazon, Goldman Sachs Launch SMB Credit Line
Amazon, Goldman Sachs Launch SMB Credit Line
June 10, 2020  |  Amazon

In what is seen as the latest marriage between tech and Wall Street, Amazon has partnered with Goldman Sachs to launch a digital credit line...

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Today In Payments: Marcus Reports $12B Boost In Deposits; Alphabet To Decelerate Pace Of Hiring
Today In Payments: Marcus Reports $12B Boost In Deposits; Alphabet To Decelerate Pace Of Hiring
April 16, 2020  |  News

In today’s top news, Goldman Sachs reported a $12 billion boost in Marcus deposits with a $72 billion tally at the end of the quarter, while...

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Goldman’s Marcus At $72B In Deposits
Goldman’s Marcus At $72B In Deposits
April 15, 2020  |  Earnings

It’s becoming a familiar refrain on Wall Street: reserves to cover potential soured loans. Get the Full Story Complete the form to unlock this article...

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Ford, Goldman Let Customers Skip March Loans, Credit Payments
Ford, Goldman Let Customers Skip March Loans, Credit Payments
March 16, 2020  |  Coronavirus

Goldman Sachs has announced that customers of Marcus, its online bank, as well as Apple Card customers can have an additional month to make payments...

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Goldman Sachs Eyes Acquisitions To Boost Existing Businesses
Goldman Sachs Eyes Acquisitions To Boost Existing Businesses
March 10, 2020  |  Partnerships / Acquisitions

Stephen Scherr, the chief financial officer for Goldman Sachs, spoke at the Wolfe Research FinTech Forum on Tuesday (March 10) and mentioned that the bank...

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Goldman Targets $125B In Consumer Deposit Balances In Five Years
Goldman Targets $125B In Consumer Deposit Balances In Five Years
January 29, 2020  |  Banking

Amid the targets for return on equity in the investment banking business, Goldman’s first Investor Day in the wake of a revamped operating structure placed...

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