Goldman bids farewell to consumer banking push

Goldman bids farewell to consumer banking push | Fintech Nexus

With rumors that the giant will be offloading their partnership with Apple, it seems that every one of its hopes for consumer banking has been dashed.

The End of the Ill-Fated Acquisition: Goldman Sachs Offloads ...

Goldman was slowly selling it for parts as key components failed to turn the tide. RELATED: Goldman bids farewell to consumer banking push ...

Goldman Sachs is soaring after it axed consumer banking ... - Fortune

Mike Mayo, the head of Wells Fargo Securities U.S. large-cap bank research, says the stock could cross the $500 mark in the coming year. It's a ...

Inside the Goldman Sachs Marketing Push That Has Some Execs ...

And despite the consumer-banking setback, Goldman's stock is up more than 160% since Solomon took over in 2018, compared to a gain of 104% in ...

Goldman Considers Shrinking Its Consumer Business - WSJ

CEO David Solomon says the bank is looking at 'strategic alternatives' for credit-card partnerships and specialty lending.

Goldman Sachs still working to exit Apple Card partnership ... - Reddit

Goldman Sachs still working to exit Apple Card partnership as consumer losses top $6 billion ... push my company's apple product purchases ...

Goldman Sachs Wants Out of Consumer Lending. Employees Say It ...

The bank disclosed last year that the Consumer Financial Protection Bureau is investigating Goldman's ... push forward with its efforts to ...

Goldman's strategy retreat leaves GreenSky in limbo | Banking Dive

... Goldman's consumer-banking platform, Marcus. The purchase came at a ... Bids for GreenSky have come in lower than Goldman Sachs was ...

Goldman Sachs is soaring after it axed consumer banking—analysts ...

... accounts, to the asset and wealth management business. With the retail banking business “on the back burner,” as Mayo says, roughly two ...

Goldman's Cohen heads for exit as GreenSky deal closes

Stephanie Cohen, head of Goldman's Platform Solutions unit, is leaving the bank for IT firm Cloudflare, where she will be chief strategy officer.

Stephanie Cohen to join Cloudflare as another big-name executive ...

In late 2022, Goldman reorganized and narrowed its ambition related to consumer banking. It moved Marcus into its asset and wealth-management ...

Goldman Sachs, Bank Of America And Morgan Stanley Continue ...

... Goldman Sachs who is undergoing turbulence after bidding farewell to its push in retail banking. But like all of its peers, it is navigating ...

Schwab CEO Bids Farewell. 'Mission Accomplished.' - Barron's

Bank of America, Charles Schwab, Goldman Sachs, and Citigroup Stocks React to Earnings. Last Updated: Oct 15, 2024, 4:52 PM EDT. 29 days ago ...

Goldman Sachs Sells GreenSky Platform and Loan Assets

Solomon said that the company has seen improved wallet share and strong growth in financing activities in Global Banking & Markets, while making ...

Goldman Sachs controversies - Wikipedia

Goldman Sachs, an investment bank, has been the subject of controversies. The company has been criticized for lack of ethical standards, working with ...

Wigberto Maldonado on LinkedIn: Earlier this week, I bid farewell to ...

Earlier this week, I bid farewell to Goldman Sachs… As I reflect on the past decade with the firm, I am filled with immense gratitude.

Is David Solomon Too Big a Jerk to Run Goldman Sachs?

... push into Main Street banking, a.k.a. retail or consumer banking. Blankfein had started a consumer bank called Marcus — after the firm's ...

Dems push to investigate Goldman's role in Silicon Valley Bank

Rep. Adam Schiff (D-Calif.) joins CNBC's Brian Sullivan and 'Last Call' to discuss whether Goldman Sachs played a role in the collapse of ...

Goldman Sachs signals partial retreat from consumer banking

Goldman's push into consumer banking was one of the biggest changes in the firm's 154-year history. The investment bank had to legally convert ...

Goldman Sachs is certain to lose millions when it sells off Apple Card

The bank had other consumer credit lines, though, such as a General Motors credit card — which was also costing the company more than it was ...