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Goldman Sachs to launch savings platform in the UK

Theo Osborn | 13:32 Wednesday 29th August 2018

Goldman Sachs has confirmed that its Marcus savings platform will be launching in the UK in the coming weeks.

It has initially launched exclusively to Goldman Sachs employees before its nationwide launch to allow it to gain feedback.

Marcus – which first launched in the US in 2016 – will offer an easy access online savings account for UK retail customers.

In an internal memo sent to UK employees, Goldman Sachs stated: “The launch of Marcus by Goldman Sachs in the UK represents an important milestone in the growth of Goldman Sachs’ consumer business, as well as continued diversification of the firm’s funding. 

“Our initial offering aligns to one of Marcus' core tenets, offering transparent, simple and easy to use products that provide value. 

“We look forward to building new relationships and meeting the savings needs of UK customers.”

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