Posted inBanking and Financial Institutions Blankfein, Lloyd C Executives and Management (Theory) Goldman Sachs Group Inc Marcus by Goldman Sachs Mergers, Acquisitions and Divestitures Solomon, David M Work-Life Balance Workplace Environment
Goldman Sachs’ Marcus Consumer Banking Move Turns Costly
Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.