Why Marcus Isn't Goldman's Saving Grace

Two years ago, Goldman Sachs (NYSE: GS) unveiled its Marcus consumer bank to much fanfare. Long known for serving wealthy clients and the largest enterprises, Goldman was actually coming out with a product for the masses. Even better, the Wall Street titan was starting from a blank piece of paper, without the burden of large physical bank branches, as rivals had.

BING NEWS:
  • Goldman Sachs to Shutter Marcus Invest and Sell Robo-Advisor Accounts to Betterment
    Goldman will sell Marcus Invest digital investing accounts to Betterment as the bank continues its exit from some consumer-facing businesses.
    04/22/2024 - 8:52 am | View Link
  • Goldman is getting out of the robo-advisory business
    Goldman Sachs (GS) is getting out of the robo-advisory business as it tries to scale back ambitions for parts of its enterprise and refocus on core strengths. The Wall Street giant said Monday that it ...
    04/22/2024 - 8:20 am | View Link
  • Best cash Isas: Marcus Bank finally launches a tax-free savings account
    Marcus Bank has livened up Isa season by announcing it will launch a tax-free cash savings account, nearly two years after it first hinted it would enter the Isa market. The account will pay a ...
    03/30/2021 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News