The bank partner model has been around for decades but it has expanded rapidly in the last few years; leading...
The largest mortgage lender in the U.S. has confidentially filed for an IPO according to CNBC; the report indicates the...
Well this morning started out as a bit of a bummer! See -- Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal. The $55 billion market cap Schwab is gobbling up the $22 billion TD Ameritrade at a slight premium. Matt Levine of Bloomberg has a great, cynical take on the question: Schwab lowering its trading commissions to zero is actually what wiped out $4 billion off TD's marketcap a few months ago. For Schwab, the revenue loss from trading was 7% of total, while for TD it was over 20%. Once Schwab dropped prices, TD started trading at a discount and became an acquisition target. You can see the share price drops reflected below in the beginning of October.
Genesis Capital is based in Los Angeles and provides capital to house flippers; they were founded in 2007 and lent $1 billion last year; the move shows Goldman’s continued interest in other areas outside their trading business; investor spending on the fix and flip market has grown recently, but still remains below pre-crisis levels. Source
Goldman Sachs is entering P2P lending. This is a major milestone for our industry since it marks the 1st bank...
Marcus by Goldman Sachs just reached a big milestone from their UK based team, in 8 months they have amassed...
Goldman Sachs held their investor day yesterday, opening up about their future plans; the bank has not been shy about...
On stage last month at LendIt Fintech USA 2018 Omer Ismail, the Chief Commercial Officer for Marcus by Goldman Sachs,...
Goldman Sachs Co-Chief Information Officer Marco Argenti sent a memo seen by Business Insider that details the potential of building...
Ainsley Harris reported in Fast Company today that Goldman Sachs is acquiring the employees who built Final, a credit card...