Goldman Sachs loses another executive after JPMorgan Chase poaches CFO of its Marcus business

Goldman Sachs loses another executive after JPMorgan Chase poaches CFO of its Marcus business

Continues to lose key managers at its fledgling consumer banking business. The chief financial officer for Goldman's consumer business, which includes its Marcus brand and the Apple Card, is joining , according to an internal memo obtained exclusively by CNBC. is joining JPMorgan as chief financial officer for business banking in August, according to the memo, scheduled to be sent to employees later Friday. Her departure after nearly 15 years at Goldman is the latest in a string of exits from the investment bank, particularly at its Marcus consumer business. The upheaval began in late February when Omer Ismail, head of Goldman's consumer bank, along with a top lieutenant to join 's fintech start-up. Then, last month JPMorgan Sonali Divilek, the head of product for Marcus, to become the bank's head of digital channels. Divilek had just been promoted at Goldman after another executive, , had stepped down. Â Goldman created Marcus in 2016 as its big bet that it could break into consumer banking through digital-only channels, much like fintech start-ups that have gained millions of users during the pandemic. After offering savings and personal loans, the firm added the Apple Card, and this year an investing product. But