UBS on Goldman: 'We believe concerns over Marcus are overblown'

Concerns have been raised about the number of subprime customers Goldman Sachs' online lending business Marcus has lent to.
UBS says concerns are "overblown" and Marcus is the right long-term move for Goldman.
UBS also sees a rebound for Goldman's FICC business which could provide a short-term boost to the stock price.UBS thinks fears about Goldman Sachs' lending business Marcus are overdone.
The Swiss investment bank said in a note sent to clients this week that Goldman has become a "battlegrou