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Friday, August 1, 2025
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How Goldman Sachs failed at consumer banking

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Saying the identify out loud conjures photos of Ivy League-educated funding bankers in tailor-made fits managing cash for the wealthiest of the rich. Or closing offers in high-rise company workplaces. Advising the wealthiest of the rich. Navigating the corridors of energy internationally’s monetary capitals — New York, London, Singapore. So, why did Goldman Sachs — the 150-year-old funding financial institution — attempt to get into checking accounts and bank cards? And, what’s extra, how did Goldman Sachs’ fail at that? Watch the video above to search out out extra.

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