Known financial giant Goldman Sachs is in a roll as they continue to expand their businesses to reach the Main Street market. After acquiring Austin’s Honest Dollar Inc, the New York Times reported that the financial giant is now starting to activate its ‘Main Street’ strategy, starting with the opening of the GS Bank for consumers and create a means to recover from the 2008 debt crisis. Honest Dollar, according to the financial giant, is now under the group’s Investment Management Division as it helps businesses design retirement plans for their employees for a specific rate. Additional financial services are also offered by the financial group to Main Street consumers.
Read more about this here: How an Austin acquisition fits Goldman Sachs’ ‘Main Street’ strategy