Amazon can go Large in Fund but is unlikely to Start a bank, Goldman says

Amazon has vast potential to expand from the financial services field, but it’s unlikely to Construct a “Stand Alone” banking operation anytime soon, according to Goldman Sachs,

In a note published Tuesday, analysts at Goldman Sachs wrote that Amazon’s foundation of 100 million Prime clients and its enormous quantity of shopping information sets the business in a exceptional position to be a significant player in the finance area. At precisely the exact same time, consumers are showing that they will buy financial products from technology companies.

The post Amazon can go Large in Fund but is unlikely to Start a bank, Goldman says appeared first on Retailnewsfeed.com.

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