Marcus Brings in $35bn in Deposits in 2018

During their latest earnings call Goldman Sachs revealed their digital bank Marcus brought in more than $35bn in deposits in 2018; investment and lending helped the bank to beat Wall Street estimates as they continue to receive a boost from the launch of Marcus; the numbers also revealed that the UK launch has already amassed more than 100,000 customers with more than $5bn in deposits; Marcus is becoming a core part to the Wall Street giant’s business as revenues from trading have been inconsistent. Source.

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