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Surprised Goldmans didn't buy them - and position it as Marcus for Startups.
by al_be_back 4y ago
Surprised Goldmans didn't buy them - and position it as Marcus for Startups.
- ulfw 4y agosorry I was misinformed
- toyg 4y agoBecause they do serve the UK, parent mentioned Marcus which is one of their UK consumer products. I don't know if they want to leave retail, but that's the sort of thing that can be different by region.
- joosters 4y agoThey're already losing enough money with Marcus right now, why risk losing some more? Goldman needs to figure out how to properly run their existing consumer bank first.
- rich_sasha 4y agoMarcus is meant to focus on proper retail, which is a very different business to this. Buying SVB doesn't really achieve what Goldman wants from Marcus.
- dan-robertson 4y agoAren’t Goldman thinking about winding down / selling off their retail stuff?
- kylehotchkiss 4y agoDoes that include the Apple Card?