What Does Marcus Mean to Goldman Sachs' Stock?
Marcus is Goldman Sachs' (NYSE: GS) digital consumer bank that offers high-yield savings accounts, high-yield certificate of deposits, unsecured loans, and credit cards. Goldman launched the division in 2016, but in recent years it has become much more of a focus for the leading investment bank, as Goldman looks to diversify its revenue mix and add stability to earnings when investment banking and global markets activity isn't as strong.
Here is what Marcus means to Goldman Sachs and its stock.
Image source: Getty Images.
Source Fool.com
