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Goldman Sachs Is Shutting Down Marcus Personal Loans: 4 Stocks That Stand to Benefit

Billy Duberstein, The Motley Fool
·6-min read
Goldman Sachs Is Shutting Down Marcus Personal Loans: 4 Stocks That Stand to Benefit

The black sheep among big banks this earnings season was definitely Goldman Sachs (NYSE: GS). The Wall Street bank saw its earnings plunge last quarter, as its core investment-banking business ground to a halt amid historically weak numbers of initial public offerings and mergers. In order to diversify away from the volatile investment banking and trading arms, Goldman has tried to cultivate its own consumer banking division under its Marcus brand.

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