- Goldman Sachs has cut loan origination targets for its consumer lending platform Marcus for 2019, according to a Bloomberg report.
- The pullback reflects the firm’s growing concerns about the consumer debt market, the report said.
- Marcus is a key part of Goldman CEO David Solomon’s growth plans for the bank.
Goldman Sachs is cutting a key target for its consumer lending platform Marcus, reflecting the firm’s growing concerns about the consumer debt market, according to a new report.
Goldman has scaled back loan originations for 2019 for Marcus, according to a Bloomberg report on Monday which cited anonymous sources.See the rest of the story at Business Insider
- Goldman Sachs’ new retail bank Marcus has signed up 50,000 UK customers in under 2 weeks
- We tried Marcus, the new service that lets Brits bank with Goldman Sachs for as little as £1 — here’s what we thought
- Here’s how much the top Wall Street banks have earned in dealmaking fees this year