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
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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Amazon, Goldman Have Lots To Gain From Their New Partnership
Amazon, Goldman Have Lots To Gain From Their New Partnership
June 10, 2020  |  Partnerships / Acquisitions

Small businesses hit hard by COVID-19 shutdowns are facing thin cash reserves, and the extension of credit to those SMBs has become an increasingly crowded...

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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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