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Why Goldman Sachs recruited an Uber exec to run Marcus

Why Goldman Sachs recruited an Uber exec to run Marcus
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Here Are the Top Finance Stories of the Day for May 18

Prudential Financial The insurance giant joins PayPal and Chobani in investigating its employees financial health a move toward stakeholder capitalism, the idea that companies are responsible for not only their shareholders, but also their employees and communities. More on that here. PJ Solomon PJ Solomon plans to reconstruct its NYC headquarters and introduce a hybrid work model enabling some employees to permanently split their time between home and the office. Take an inside look at the bank s back-to-office reboot.   A truck drives in front of a power-generating windmill turbine on the Paris-Lille highway in Wancourt, France, April 3, 2019. Pascal Rossignol/Reuters

Jamie Dimon Trolling Marianne Lake By Making Her Run Something With Her Competition

Jamie Dimon Trolling Marianne Lake By Making Her Run Something With Her Competition
dealbreaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealbreaker.com Daily Mail and Mail on Sunday newspapers.

Goldman Sachs Nabbed Uber s Peeyush Nahar to Lead Its Consumer Biz

Goldman Sachs just hired Peeyush Nahar to run its consumer business, which includes its digital bank Marcus. Nahar previously led engineering at Uber.

Goldman Taps Uber Executive to Run Its Consumer Bank

Provided by Dow Jones By Peter Rudegeair Goldman Sachs Group Inc. is poaching an engineering executive from Uber Technologies Inc. to run Marcus, its digital-banking unit. Peeyush Nahar is set to join Goldman on June 1 as a partner and head of its consumer business, according to an internal memo reviewed by The Wall Street Journal. At Uber, Mr. Nahar oversaw teams that developed software for payments, insurance and financial-technology services. Earlier in his career, he spent 14 years in a variety of roles at Amazon.com Inc., including building out a lending business for merchants selling on the retailer s online marketplace.

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