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Walmart Recruits 2 Goldman Sachs Execs for Its Fintech Start-Up

Mar 01, 2021 - Nasdaq

Two high-level bankers from world-famous investment bank Goldman Sachs (NYSE: GS) are leaving their current positions to join Walmart's (NYSE: WMT) as-yet publicly nameless fintech joint venture with Ribbit Capital, Bloomberg reports. The two individuals switching over to Walmart's start-up are Omer Ismail, Goldman Sachs' head of consumer banking, and David Stark, one of Ismail's close associates.

Building on its success during the pandemic, Walmart has branched out over the past year int...