• UBS on Goldman: 'We believe concerns over Marcus are overblown'

    2 monthes ago - By Business Insider

    Concerns have been raised about the number of subprime customers Goldman Sachs' online le nding business Marcus has lent to.
    UBS says concerns are "overblown" and Marcus is the right long-term move for Goldman.
    UBS also sees a rebound for Goldman's FICC business which could provide a short-term boost to the stock price.
    UBS thinks fears about Goldman Sachs' lending business Marcus are overdone.
    The Swiss investment bank said in a note sent to clients this week that Goldman has become a "battleground stock", with bulls and bears largely arguing over the health of Goldman's new online...
    Read more ...