Fed Reviewing Goldman's Marcus Consumer Unit

The video discusses the Federal Reserve's ongoing review of Goldman Sachs' consumer unit, highlighting the scrutiny it faces due to its rapid expansion and financial losses. It contrasts this with an SEC review, emphasizing the unique focus on Goldman's business control. The video also explores Goldman's lack of history in the consumer market, its ambitious revenue goals, and the regulatory interest this attracts. Additionally, it examines shareholder support, noting the stock's underperformance compared to rivals and potential internal dissatisfaction due to financial strains.

What is the expected revenue for Goldman Sachs' consumer unit by 2024?

How has the stock performance of Goldman Sachs changed since David Solomon took over?