goldman Sachs image

Goldman Sachs Group Inc information

Goldman Sachs Group Inc information

10 largest banks in the U.S. by assets

JPMorgan Chase Bank of America Corp. Wells Fargo & Co Citigroup Inc. Goldman Sachs Group Inc.
Morgan Stanley U.S. Bancorp PNC Financial Services Group Inc. TD Group US Holdings LLC Capital One Financial Corp

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York is headquartered at 200 West Street in Lower Manhattan, New York City, with additional offices in other international financial centers and maintains offices in all major financial centers around the world.

The Goldman Sachs Group, Inc. is an American multinational finance company that engages in global investment banking, investment management, securities, and other financial services including asset management, mergers and acquisitions advice, prime brokerage, and securities underwriting services. It also sponsors private equity funds, is a market maker, and is a primary dealer in the United States Treasury security market. Goldman Sachs also owns GS Bank USA, a direct bank.

Due to its involvement in securitization during the subprime mortgage crisis, Goldman Sachs suffered during the 2007-2008 financial crisis, and received a $10 billion investment from the United States Department of the Treasury as part of the Troubled Asset Relief Program, a financial bailout created by the Emergency Economic Stabilization Act of 2008. The investment was made in November 2008 and was repaid in June 2009.

The list of former employees of Goldman Sachs who moved on to government positions includes former U.S. Secretaries of the Treasury Robert Rubin and Henry Paulson; current United States Secretary of the Treasury Steven Mnuchin; current chief economic advisor Gary Cohn; European Central Bank President Mario Draghi; former Bank of Canada Governor and current Governor of the Bank of England Mark Carney and the current Prime Minister of Australia Malcolm Turnbull. In addition, former Goldman employees have headed the New York Stock Exchange, the World Bank, and major banks such as Citigroup and Merrill Lynch.

Goldman Sachs Group Inc information

WE REPORT OUR ACTIVITIES IN THE FOLLOWING FOUR BUSINESS SEGMENTS:

INVESTMENT BANKING
We provide a broad range of investment banking services to a diverse group of corporations, financial institutions, investment funds and governments. Services include strategic advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs and risk management, and debt and equity underwriting of public offerings and private placements, including local and cross-border transactions and acquisition financing, as well as derivative transactions directly related to these activities.

INSTITUTIONAL CLIENT SERVICES

We facilitate client transactions and make markets in fixed income, equity, currency and commodity products, primarily with institutional clients such as corporations, financial institutions, investment funds and governments. We also make markets in and clear client transactions on major stock, options and futures exchanges worldwide and provide financing, securities lending and other prime brokerage services to institutional clients.

INVESTING & LENDING

We invest in and originate loans to provide financing to clients. These investments and loans are typically longer-term in nature. We make investments, some of which are consolidated, directly and indirectly through funds and separate accounts that we manage, in debt securities and loans, public and private equity securities, and real estate entities.

 

INVESTMENT MANAGEMENT

We provide investment management services and offer investment products (primarily through separately managed accounts and commingled vehicles, such as mutual funds and private investment funds) across all major asset classes to a diverse set of institutional and individual clients. We also offer wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services to high-net-worth individuals and families.

 

Goldman Sachs Group Inc information

The Goldman Sachs Group, Inc.
Type Public company
Traded as NYSE: GS
Dow Jones Industrial AverageComponent
S&P 100 Component
S&P 500 Index Component
Industry Financial services
Founded 1869; 148 years ago
Founder Marcus Goldman
Samuel Sachs
Headquarters 200 West Street, Manhattan, New York City, New York, U.S.
Area served Worldwide
Key people Lloyd Blankfein
(Chairman and CEO)
David M. Solomon
(President and Co-COO)
Harvey Schwartz
(President and Co-COO)
R. Martin Chavez
(CFO)
Elisha Wiesel
(CIO)
Products Asset management
Commercial banking
Commodities
Investment banking
Investment management
Mutual funds
Prime brokerage
Revenue  US$37.71 billion (2016)
Operating income  US$10.30 billion (2016)
Net income  US$7.40 billion (2016)
Total assets  US$860.1 billion (2016)
Total equity  US$86.89 billion (2016)
Number of employees 34,400 (2016)
Capital ratio 13.1% (2016; Basel III Advanced)
Rating Standard & Poor’s: BBB+ (long term debt)
Moody’s: A3 (long term debt)
Fitch Ratings: A (long term debt)
Website www.goldmansachs.com

Goldman Sachs Group Inc information

Goldman Sachs Group Inc information
morgan_stanley

Top 30 Banks Information of USA

Top 30 Banks Information of USA Bank of America NA Bank of America Corporation (BofA) Bank of America Corporation (BofA) is a multinational banking and financial services corporation headquartered in …

Leave a Reply

Your email address will not be published. Required fields are marked *