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Walmart nabs Goldman Sachs bankers to help lead its new fintech start-up



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Cars drive past a Walmart store in Washington, DC, on August 18, 2020.Nicholas Kamm | AFP | Getty ImagesWalmart has nabbed two veteran bankers from Goldman Sachs to help spearhead its new fintech start-up, as the company looks beyond retail to drive revenue.Omer Ismail, who leads Goldman’s consumer bank, and David Stark, another Goldman banker, are leaving for the retailer. A Goldman Sachs spokesman confirmed their departures. The news was first reported by Bloomberg.Walmart announced in January that it is creating a new company to develop unique, affordable financial products for customers and employees. It has teamed up with Ribbit Capital, …

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