Post Tagged with: "Goldman Sachs"

Marcus Will Succeed Despite — Or Because of — Goldman Sachs

Marcus Will Succeed Despite — Or Because of — Goldman Sachs

by August 24, 2016 at 2:35 pm 2 comments

As reported last week, Goldman Sachs just announced the creation of a new retail lending arm to launch in October, named Marcus after one of its founders. No one is really all that concerned about whether or not Marcus will be able to do its job— it’s Goldman Sachs after all, and has access to soRead More

Goldman Sachs Takes on Marketplace Lending with Marcus

Goldman Sachs Takes on Marketplace Lending with Marcus

by August 19, 2016 at 1:27 pm 3 comments

Today it was revealed that banking giant Goldman Sachs will be launching an online retail lending operation called Marcus, after founder Marcus Goldman, as reported by the New York Times, The operation will likely roll out this October, and will start by offering small consumer loans from $15,000 to $20,000. This follows the launch of GSRead More

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3 Startups to Watch: Invest Tech Takes the Stage

by March 16, 2016 at 12:56 pm 3 comments

This week’s Startups to Watch are pushing progress in different sectors. Respectively, these companies provide retirement options for staff at small businesses; a trading tool; and a digital wealth management adviser. However, at their core all three are about investments, and how to leverage a small advantage into a major leadRead More

Why BankMobile Launched a Technology Company

Why BankMobile Launched a Technology Company

by August 26, 2015 at 11:36 am 0 comments

BankMobile can truly say it is more than just a bank — it’s a technology company, too. It’s a common refrain across many industries to say your company is a technology company first and a bank/phone company/ice cream store/whatever second. But a few banks are taking this a step further and using theirRead More

Goldman Sachs Positions Itself for Alt Lending-Driven Structured Finance

Goldman Sachs Positions Itself for Alt Lending-Driven Structured Finance

by June 16, 2015 at 11:10 am 0 comments

Goldman Sachs & Co.’s move into alternative lending appears to be as much about structured finance as it is about making loans. Goldman’s consumer lending plans were made public today. According to The New York Times report, “The new unit will offer the loans through a website or an appRead More

Capital One Looks To Hire Bitcoin Experts

Capital One Looks To Hire Bitcoin Experts

by June 9, 2014 at 2:28 pm 0 comments

If you know bitcoins, Capital One Financial Corp. wants to hire you. Specifically, Cap One is looking to hire data scientists with extensive knowledge of Bitcoin, cryptocurrency, and other emerging technology, according to a job posting on its career page. First noted by Coindesk, the job posting is for aRead More

Capital One CEO: ‘Digital Is Who We Are and How We Do Business’

Capital One CEO: ‘Digital Is Who We Are and How We Do Business’

by December 11, 2013 at 10:28 am 2 comments

Capital One Financial Corp. will not be a bank soon. Capital One CEO Richard Fairbank, speaking at a Goldman Sachs event in New York yesterday, described his aspiration to make the bank a digital company with digital customers. The McLean, Va.-based bank is known for its innovation efforts with Capital One Labs andRead More

Square Talks IPO, But Don’t Expect One Soon

Square Talks IPO, But Don’t Expect One Soon

by November 7, 2013 at 11:34 am 1 comment

Last night — the day before Twitter shares were set to begin trading, and, boy, did they begin trading — news broke that Square was looking for a bank to manage its initial public offering in 2014. It looks like Jack Dorsey wants to ride Twitter’s momentum to another big payday.Read More

GRAPHIC: Banks’ Mortgage-Related Fines Continue to Grow

GRAPHIC: Banks’ Mortgage-Related Fines Continue to Grow

by October 25, 2013 at 10:43 am 0 comments

Five years, 81 settlements, $100 billion in fines. The big banks led the way with fines related to mortgage activities, with Bank of America and JPMorgan Chase taking the biggest hits so far this year, but smaller banks are picking up a growing share as well. Source: Economist / Hat tip: TheRead More

Despite Presumed Deal, Braintree CEO Unloads on PayPal

Despite Presumed Deal, Braintree CEO Unloads on PayPal

by September 24, 2013 at 4:53 pm 1 comment

PayPal’s acquisition of payments upstart Braintree appears in recent days to be more of a certainty. But that didn’t stop Braintree’s CEO, Bill Ready, from lambasting PayPal at a recent, exclusive conference. The criticism came at a financial technology event hosted by Goldman Sachs & Co. just last week. AtRead More