Goldman Sachs is scaling back expectations for the buzzy 2-year-old service its new CEO is relying on, and it highlights a major concern with the economy
“Goldman Sachs is cutting a key target for its consumer lending platform Marcus, reflecting the firm’s growing concerns about the consumer debt market, according to a new report. Goldman has scaled back loan originations for 2019 for Marcus, according to a Bloomberg report on Monday which cited anonymous sources.”