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US bank

Goldman to launch Marcus UK robo-adviser early next year
Business & Finance

Goldman to launch Marcus UK robo-adviser early next year

  • "We are pivoting more into an investment and wealth provider rather than a full service digital bank," he said.
  • Goldman is shifting the focus of Marcus UK to wealth management to stay within UK banking rules which demand retail deposits totalling more than 25 billion pounds ($35 billion) be ring-fenced.
Published 17 May, 2021 07:39pm
JPMorgan names two new CIOs for tech units
Business & Finance

JPMorgan names two new CIOs for tech units

  • Reid, who was most recently head of corporate technology's engineering and architecture team, becomes the bank's first Black CIO and the first Black member of its technology leadership team.
  • In her role, Goldman will continue to lead a team developing technology for risk, compliance, finance, liquidity, controls and data functions.
Updated 07 May, 2021 08:08pm