3~5 years agostarted lending money through their "Marcus" online-lending platform that provides instant lending. So basically they want lend you money to renovate home and take care of your existing loans and etc. Name Marcus comes from founder of "Marcus Goldman"
Reason I bring this up is because this is a deviation from it's core business of Investment Banking. Some people say this is Financial Service 2.0. Some say this is a complete mistake. Has any one used Goldman's "Marcus" platform? What do you think? Shouldeven be lending to consumers?
For me, I don't think it's looking too good. I think it hurts their prestige. What do you guys think?