JP Morgan is set to launch its own online savings venture in the UK soon, taking a leaf out of Goldman Sachs’ book, I am given to understand.
The Goldies digital product is named after its founding partner, Marcus Goldman. Since launch in 2018, Marcus has attracted a decent £30 billion in deposits.
Now, it plans to launch an app for automated investment management to clients.
The plan is to pivot more into an investment and wealth provider rather than a ful...