Connect with us


Goldman bankers join Walmart effort to take on Wall Street – Financial Times

Omer Ismail and David Stark sign up to fintech venture by world’s largest retailer



Article feature image

The head of Goldman Sachs’ consumer finance division, Omer Ismail, and one of its top executives, David Stark, are both leaving to join a fintech start-up backed by Walmart and Ribbit Capital.
The hires represent a big step in the second big effort by the world’s largest retailer to enter financial services, after it abandoned its plan to start a bank over a decade ago, under pressure from regulators.
Walmart and Ribbit have provided little information about the start-up, which was announced in…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Police respond to shots fired at Beech Grove Walmart – Fox 59
Article feature image
Peloton Tread Plus: CPSC warns it can kill kids, pets; says stop using it ‘immediately’ – CNET
Article feature image
School teacher receives $16K tax bill after raising $41K for charity | TheHill – The Hill