Goldman Sachs launched Marcus, an online lending business for customers seeking loans of $30,000 or less, in October 2016.
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Goldman Sachs' new online lending business is changing the bank's culture
Omer Ismail, the chief operating officer of Marcus at Goldman Sachs, described the online lending business as "more casual."
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It was a departure from what Goldman Sachs is best known for, namely, wealth management, trading, and investment banking.
But according to Marcus' first employee, some of its culture is starting to rub off on the rest of the firm's divisions.
Omer Ismail, the chief operating officer of Marcus by Goldman Sachs, described the online lending business as "
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Ismail believes that some of that more relaxed, creative culture is beginning to find its way into other parts of Goldman Sachs.
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Even some more traditional team-building practices are being incorporated by other divisions of Goldman Sachs.
"We have a weekly huddle where the entire Marcus team gets together and talks about a particular topic for the week," said Ismail. "
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