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Goldman hires Uber executive to run its consumer bank


By Syndicated Content
May 17, 2021 | 9:55 AM
(Reuters) – Goldman Sachs Group Inc hired a top executive from Uber Technologies Inc to lead its consumer banking business, the bank said in a memo on Monday.
Peeyush Nahar joins Goldman as the global head of its consumer business, which includes its online bank, Marcus. At Uber, he was vice president of technology.
Nahar takes over Goldman’s fledgling consumer business at a time of turnover in the division that Chief Executive David Solomon has identified as a key area of growth for the bank.
He is the third global head of consumer banking since last September, when Harit Talwar stepped aside to become division chairman, giving the top job to Omer Ismail. Ismail officially took over in January, but soon left for a position at Walmart Inc’s fintech venture. ....

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Goldman Sachs replenishes top ranks of consumer bank division


Article content
NEW YORK Goldman Sachs Group Inc is rehiring a former executive in its consumer bank division and promoting several others, as the company seeks to replenish its top leadership after several key departures in recent months.
Brian King is rejoining Goldman as its consumer chief risk officer and head of business operations. King led risk oversight for Goldman’s consumer bank division from 2018 to 2020, when he left to become the chief risk officer for Wells Fargo & Co’s consumer and small business banking division.
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