Goldman Sachs slips on report that the Federal Reserve is investigating its Marcus business

Goldman Sachs shares came nether unit Friday aft a Wall Street Journal study said the Federal Reserve is investigating the bank's user business.

Shares slipped astir 3% connected the news. Goldman Sachs is present up little than 1% connected the year.

Goldman Sachs regular banal move

The regulator is looking into whether Goldman Sachs had the close safeguards successful spot to support consumers erstwhile it accrued lending successful the division, besides known arsenic Marcus, according to the Journal report which cites sources acquainted with the matter.

The Fed was antecedently reviewing Marcus, Bloomberg quality reported successful September.

"As we told the Wall Street Journal, the Federal Reserve is our superior national slope regulator and we bash not remark connected the accuracy oregon inaccuracy of matters relating to discussions with them," a spokesperson from Goldman Sachs told CNBC.

Just days ago, Goldman CEO David Solomon admitted that the slope suffered a disappointing 4th successful part due to the fact that it took connected excessively overmuch successful the user banking business.

Last week, the New York-based concern slope posted its largest quarterly net miss successful much than a decade, showing falling gross and rising expenses.

-- CNBC's Yun Li and Hugh Son contributed reporting