Home » General World News » Goldman Sachs’ new online lending business has already hit a $1 billion milestone (GS)

Affordable Business Search Form On Various Famous Websites...

Loading
Compare Hotels rates & Flight tickets prices from 100+ top booking sites at once..., Check the prices & save up to 80 %..., Click to find cheap, affordable travel offers, new deals campaigns... >>> www.travelkinds.com

Goldman Sachs’ new online lending business has already hit a $1 billion milestone (GS)

marcus goldman sachs

Goldman Sachs launched Marcus, an online lending business for customers seeking loans of $30,000 or less, in October 2016.

It was a departure from what Goldman Sachs is best known for, namely, wealth management, trading, and investment banking.

And the business has already hit a $1 billion milestone, according to Goldman Sachs Lloyd Blankfein.

Blankfein said in an interview on CNBC’s “Mad Money with Jim Cramer” that “we just crossed over a billion dollars.”

“By the end of this year, we’ll be crossed two billion dollars,” he added. “We wanted to grow it slow to make sure we were doing a good job. But read more >>>

Source:: BusinessInsider.Com

Comments are closed.