Goldman Sachs Shares Future Vision for Marcus

Marcus is now three years old and the bank has big ambitions for the consumer banking brand; Harit Talwar, Goldman Sachs’ global head of consumer shared their vision, “We are trying to do with the brick and mortar traditional retail banks what Amazon did to the retail brick and mortar industry, or iTunes did to the music industry”; Marcus has completed $5 billion in loans since launching in October 2016 and has brought in $46 billion in deposits.; Business Insider expects that Clarity Money, their personal management software, wealth management as well as insurance will be big parts of their growth moving forward. Source

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