Goldman Sachs client exec Stephanie Cohen explains why the Wall Avenue financial institution simply inked a $2.2 billion home-improvement lending deal



a woman talking on a cell phone: Stephanie Cohen, co-head of Goldman Sachs' consumer and wealth management division. JP Yim


© JP Yim
Stephanie Cohen, co-head of Goldman Sachs’ client and wealth administration division. JP Yim

  • Goldman Sachs introduced plans to amass installment lender GreenSky for $2.2 billion.
  • GreenSky focuses on point-of-sale loans for dwelling enchancment initiatives.
  • Goldman will achieve GreenSky’s greater than 10,000 contractor and service provider clients.
  • See extra tales on Insider’s enterprise web page.

Goldman Sachs is coming into the purchase now, pay later frenzy, although not within the typical fast-fashion section that made the installments so well-liked.

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The storied Wall Avenue financial institution has been making an enormous push into client lending, launching its

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