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Swati Bhatia Goldman’s Consumer Banking Unit Head Exiting Role – $GS $DIA $INVO

By John F. Heerdink, Jr.

Reportedly, the head of the Goldman Sachs Group, Inc. (GS) direct-to-consumer unit, Swati Bhatia, is stepping down from the role. Bhatia, a former PayPal executive, will retire from the partnership and become an advisory director. Formerly the chief payments risk officer at digital payments company Stripe, Bhatia joined the bank in February 2021.

In October, Goldman Sachs informed it was shrinking back its ambitions for its loss-making consumer unit, Marcus. The bank also informed is also planning to stop originating unsecured consumer loans.

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. (GS), Coverage Page

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Fertility rates have hit a record low in the United States. The latest US government fertility statistics come from 2019, and they estimate there were 58.2 births year per 1,000 women of childbearing age (defined by the CDC as women between ages 15 and 44).

If you have ever struggled with infertility issues, or know someone who has, you are probably well aware of how demoralizing it can be. Imagine for a moment spending thousands of dollars and months of intensive medical procedure only to end up empty handed, exhausted, sad, and defeated because after all of that time, work, and money, you still don’t have a baby. That’s an incredibly difficult situation, and it’s becoming more common each passing year. Likewise, the need for more effective, less invasive infertility treatment options is increasing with each passing year. This is the sole focus of medtech company INVO Bioscience (NASDAQ: INVO). Learn more by reading the following story that we published recently. 

INVO Bioscience (NASDAQ: $INVO), A Company Seeking To Address A Massively Underserved Fertility Market

(Read Original Story: Goldman Sachs' consumer banking unit head steps down - memo in Reuters)


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