The Federal Reserve is investigating Goldman Sachs Group Inc.’s consumer business to determine whether the bank had appropriate safeguards in place as it ramped up lending, according to people familiar with the matter.
The regulator has concerns that the bank didn’t have proper monitoring and control systems inside the consumer business,a WSJ membership
Goldman also owns circle. Circle owns USDC coin and is partner with coinbase hmmm..
God $GS is having a bad week 🛟 RWMann janewells
'Much of Marcus is being folded into Goldman’s new asset- and wealth-management unit. Some pieces, including its credit-card partnerships with Apple and General Motors Co., as well as specialty lender GreenSky, are moving into a new unit called Platform Solutions'
wasnt it one of them 'too big to fail' ones?