Daily News: February 28, 2018

GS Marcus Loans $2.5B to Small Clients

The Wall Street Journal reported that elite private banker Goldman Sachs is reaching out to small customers through its new Marcus platform, named after the company’s founder, Marcus Goldman.

In the 18 months since Marcus launched, it has funded $2.5 billion in loans, according to the Journal. Consumers can also open savings accounts through Marcus for as little as $1, the Journal added.