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Which is ironic because they are now taking large steps to wind down at least part of their Marcus business. Just today I think it was announced that they sold off $1B of loans on the Marcus books, and they are also looking to sell of Green Sky which was bought for their retail banking division just a few years ago.


Some additional layers to the irony, from my understanding, is that much of Marcus' debt came not-so-intentionally bundled from Marcus' purchase of some of (also aforementioned) Capital One's credit card business lines in an attempt to bootstrap more Marcus customers.




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