Goldman’s Strategy Stymied by Walmart as Consumer Leaders Defect
- Ismail and Stark leave Marcus for retailer’s fintech start-up
- Consumer division must regroup in face of tougher competition
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Goldman Sachs Group Inc. slapped a zippy new name on its digital bank, turned it into a billion-dollar revenue generator and rolled out a credit card with tech darling Apple Inc.
And the February launch of a robo-adviser was supposed to make it the month of celebration.