Blow for savers as Marcus closes popular account to new customers
Goldman Sachs' consumer banking arm Marcus is withdrawing its popular easy-access account from sale in a fresh blow for embattled savers. Marcus said that it closing the account is only a temporary measure after a stampede to take advantage of its relatively high 1.05pc interest rates pushed deposit levels up close to a regulatory limit. It hopes to relaunch the account later this year, and in the meantime existing customers can continue to access and deposit cash as normal. Since launching in S
Read more »