Goldman Sachs Group Inc.’s six-year foray into consumer banking -- the unit dubbed Marcus -- is the focus of a new review at the Federal Reserve.
Fed officials have been looking into the Wall Street giant’s online-banking platform aimed at retail customers, according to people with knowledge of the matter. For at least several weeks, they’ve been peppering Goldman management with questions and follow-ups in a process that’s still continuing, the people said, asking not to be identified discussing confidential information.
