Company

The Goldman Sachs Group, Inc.

Headquarters: New York, NY, United States

Founded: 1869

Employees: 43,900

CEO: Mr. David Solomon

show_chart NYSE: GS -2.32%

Market Cap

$112.71 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

Founded in 1869, the Goldman Sachs Group, Inc., is one of the world’s largest multinational investment banks headquartered in New York City. It is also engaged in financial services including investment management, securities, asset management, prime brokerage, and securities underwriting. Goldman Sachs is a primary dealer in the United States Treasury security market and more generally, a prominent market maker.

The Goldman Sachs Group, Inc. market capitalization over time

Evolution of The Goldman Sachs Group, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of The Goldman Sachs Group, Inc.

Detailed Description

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging-and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.

Wikipedia Introduction

The Goldman Sachs Group, Inc. (/ˈsæks/) is an American multinational investment bank and financial services company headquartered in New York City. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, asset management and investment management, and prime brokerage. It is a market maker and brokers credit products, mortgage-backed securities, insurance-linked securities, securities, currencies, commodities, equities, equity derivatives, structured products, options, and futures contracts. It is a primary dealer in the United States Treasury security market. It provides clearing and custodian bank services. It provides wealth management services via Goldman Sachs Personal Financial Management. It operates private-equity funds, credit and real estate funds, and hedge funds. It structures complex and tailor-made financial products. It also owns Goldman Sachs Bank USA, a direct bank. It trades both on behalf of its clients (flow trading) and for its own account (proprietary trading). It ranks 2nd on the list of investment banks in the world by revenue and is ranked 59th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company invests in and arranges financing for startups, and in many cases gets additional business when the companies launch initial public offerings. Notable initial public offerings for which Goldman Sachs was the lead bookrunner include those of Twitter, Bumble, Robinhood Markets, Coupang, Toast, Inc., FIGS, and Las Vegas Sands. Startups in which the company or its funds have invested include H2O.ai, Acronis, Amount, Striim, PLACE, Unqork, and Enterra. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in Lower Manhattan with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo and Salt Lake City and additional offices in other international financial centers. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, cozy relationships with the US federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by Fortune, primarily due to its high compensation levels, it has also been criticized by its e…

Source: Wikipedia, retrieved on March 31, 2022, 9:06 p.m.

Stocks & Indices

The Goldman Sachs Group, Inc. has the following listings and related stock indices.


Stock: NYSE: GS

Stock: FSX: GOS

Stock: NYSE: GS-A

Stock: NYSE: GS-C

Stock: NYSE: GS-D

Stock: NYSE: GS-J

Stock: NYSE: GS-K

Stock: XETR: GOS

Product & Services

Asset managementCredit CardsCommercial bankingCommoditiesInvestment bankingInvestment managementMutual fundsPrime brokerage

Key People

Founder(s): Marcus Goldman Samuel Sachs

Lloyd Blankfein (Senior Chairman) David M. Solomon (Chairman and CEO) John E. Waldron (President and COO)

Financials

Revenue: US$44.6 billion (2020)

Operating income: US$12.5 billion (2020)

Net income: US$9.5 billion (2020)


Total assets: US$1.2 trillion (2020)

Total equity: US$95.9 billion (2020)

Details

Headquarters:

200 West Street

New York, NY 10282

United States

Phone: 212-902-1000