Blankfein Says Marcus Will ‘Move the Needle’ in Coming Years

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  • Goldman’s foray into personal lending hasn’t impacted Discover

Lloyd Blankfein

Photographer: Simon Dawson/Bloomberg
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Lloyd Blankfein is upping the stakes for Marcus, Goldman Sachs Group Inc.’s nearly two-year-old online lender.

“Marcus is evolving from a single offering to a multi-product business that I believe will move the needle for the firm over the coming years,” the chief executive officer said Tuesday at a conference hosted by Credit Suisse Group AG.