Goldman Sachs Gets Personal

Dustin Cohn, Head of Marketing for "Marcus" by Goldman Sachs, discusses the investment bank's jump into the personal loan business. Cohn digs into how the platform was named. Marcus Goldman was the founder of Goldman Sachs and "Marcus" had an approachable, Silicon Valley vibe to it that rings true in today's start-up climate. Each loan has fixed rates with zero fees and each customer can choose his own monthly payment. The loans cater toward helping people pay off credit card debt. The advertising behind "Marcus" has a sense of humor which Dustin says was intended to add light to an industry that typically does not have one.

More In Business

TikTok Accuses Federal Agency of ‘political demagoguery’ Over Ban

Attorneys for TikTok said the agency “ceased any substantive negotiations” with the company after it submitted a draft agreement in August 2022.

Nvidia Surpasses Microsoft to Become the Most Valuable U.S. Company

Nvidia’s startling ascent in the stock market reached another milestone Tuesday as investors now value the company at over $3.3 trillion.

Fisker Files for Bankruptcy, the Second EV Maker in the Past Year

Electric vehicle makers are struggling to lure more buyers beyond the early adapters of the technology.

How The NFL Is Playing Defense In Sunday Night Ticket Lawsuit

Ben Fischer, reporter at Sports Business Journal, speaks to Dave Briggs to unpack everything you need to know about the NFL's Sunday Night Ticket lawsuit.

Sorry, Millennials: Mortgage Rates Aren’t Dropping Anytime Soon

First time home buyers aren’t just dealing with high rates and home prices, but ‘hidden’ costs, like property taxes and repairs.

Walmart Is a Big Winner in the War on Inflation

Retail sales are slowing down, as consumers shift away from pandemic-era catchup spending and start prioritizing value.

Majority of Americans Favor Forgiving Medical Debt

"I didn't feel like dying," Janille Williams said. “I don’t think anyone should have to go into financial ruin to live."

Boeing’s CEO to Appear Before Senate as New Whistleblower Emerges

New allegations are arising that “nonconforming” parts — ones that could be defective or aren’t properly documented — are going into 737 Max jets.

THC-Infused Drinks Stir Up High Hopes and Higher Legal Scrutiny

THC-infused beverages face regulatory challenges. The US Cannabis Council discusses concerns, social equity, and plans to address regulations.

THC Drinks Face High Scrutiny as Regulators Weed Out Loopholes

A booming industry, THC beverages, is under regulatory attack. Legal via the 2018 Farm Bill, they're found in liquor stores and bars, not just dispensaries.

Load More