Goldman Sachs bets on German private market

Goldman Sachs is looking into the German market for next target for expanding its private banking business, writes Financial Times.

Photo: /ritzau/AP/Richard Drew

Germany is the the next stop for Goldman Sachs' private banking brand, Marcus, in its series of investments in Europe, writes Financial Times.

Goldman Sachs, usually known as an investment bank focused on companies and wealthy clients, launched Marcus in the US in 2016 in order to attract middle-class clients by offering real estate and car loans, insurance and consumer loans.

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