A Look Inside Wall Street's Innovation Labs
Goldman Sachs Group Inc. CEO Lloyd Blankfein once quipped that his bank is a "technology firm." With the launch of Marcus, Goldman's online retail lender, the sell-side stalwart is one step closer to Silicon Valley. It's not alone. Across Wall Street, banks are pushing into technology, either by directly investing in startups such as internet lender OnDeck Capital, robo-advisor SigFig, and online financial planner LearnVest, or by boosting their in-house technology expertise. To do so, a number of firms are dedicating space both inside and outside of their main offices with the aim of fostering new ideas in a rapidly changing financial landscape. Here's a look at what the new generation of Wall Street’s "innovation labs" looks like.