Goldman Sachs's Marcus could boost UK savings rates

Goldman Sachs's Marcus could boost UK savings rates
 

Long-suffering UK savers could soon see higher returns, as one of Wall Street's swankiest banks boosts its presence on this side of the Atlantic.
Goldman Sachs is well-known for its investment bank in London, but from Thursday it will also offer a savings account to members of the public.
It will be known as Marcus by Goldman Sachs, after the bank's founder, Marcus Goldman.
Savers will be offered 1.5% a year, currently the best rate on the market.
Experts predict that such a competitive rate could force other banks and building societies to offer better returns as well.
Goldman Sachs wants... read more

 
27 September 2018 in Business, Views: 151
Source: BBC
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