Goldman Sachs opens digital consumer bank in Britain

Goldman Sachs opens digital consumer bank in Britain
The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. (Reuters/Brendan McDermid).
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Goldman Sachs has opened its digital consumer savings platform Marcus to its own staff in Britain ahead of a wider roll-out to the public in the coming weeks, according to an internal memo sent to staff on August 23 and seen by Reuters.

Since its launch in the United States in 2016, the digital bank has accumulated more than $20 billion in deposits, as Goldman seeks to diversify its sources of funding and compete with rival U.S. lenders that have full retail banks.