Saying the name out loud conjures images of Ivy Leagueeducated investment bankers in tailored suits managing money for the wealthiest of the wealthy. Or closing deals in highrise corporate offices. Advising the wealthiest of the wealthy. Navigating the corridors of power across the world’s financial capitals — New York, London, Singapore.
So, why did Goldman Sachs — the 150yearold investment bank — try to get into checking accounts and credit cards? And, what’s more, how did Goldman Sachs’ fail at that? Watch the video above to find out more.

Chapters:
00:00 — Introduction
01:13 — Introducing Marcus
03:31 — Goldman’s trouble with consumer banking
05:29 — What went wrong?
07:04 — What’s next?

Produced by Jeff Morganteen
Reporting by Hugh Son
Edited by Dennis Donovan
Graphics by Mallory Brangan
Narrated by Jordan Smith

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The Rise And Fall Of Goldman Sach’s Marcus