Goldman's consumer banking head Omer Ismail joins Walmart's fintech venture

• Goldman Sachs' consumer banking chief Omer Ismail is leaving to join Walmart's fintech venture, Bloomberg reported on Sunday citing people with the knowledge of his plans. David Stark, one of his top lieutenants at Goldman, will also join him, the report added.
• David Stark, one of his top lieutenants at Goldman, will also join him, the report added.

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Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the"Future of Work in an Era of Automation and Artificial Intelligence", during a CEO Innovation Summit, on December 6, 2018 in Washington, DC.

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Goldman Sachs' consumer banking chief Omer Ismail is leaving to join Walmart's fintech venture, Bloomberg reported on Sunday citing people with the knowledge of his plans. David Stark, one of his top lieutenants at Goldman, will also join him, the report added.

Earlier this month, Reuters reported that Goldman appointed former PayPal executive Swati Bhatia and insider David Stark to leadership roles in its consumer banking unit.

Ismail replaced Harit Talwar and became global head of Goldman's Marcus consumer bank last year.
Walmart and Goldman did not immediately respond to requests for comment.