Got $60 Million? Goldman Sachs Wants to Lend You More

Goldman Sachs has given up on lending to Main Street customers. Now it’s doubling down on rich shoppers.

The Wall Street large is rising lending to its private-wealth shoppers, people and households who on common have $60 million with the financial institution. In its buying and selling division, loans to institutional shoppers, together with hedge funds in search of to borrow for inventory purchases, are on monitor to supply the very best income in at the very least three years.