The Goldman Sachs Group, Inc
corporation year : 1869
Headquarter : 200 West Street, New York, NY 10282, U.S.
Founders : Marcus Goldman and Samuel Sachs
CEO and Chairman : David M. Solomon
Chief Financial Officer : Stephen Scherr
Company Introduction
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking,
securities and investment management services to a substantial and diversified client base that includes
corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is
headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major
financial centers around the world.
Company History
Goldman Sachs was founded in New York City in 1869 by Marcus Goldman. In 1882, Goldman's son-in-law
Samuel Sachs joined the firm. In 1885, Goldman took his son Henry and his son-in-law Ludwig Dreyfuss into
the business and the firm adopted its present name, Goldman Sachs & Co. The company pioneered the use of
commercial paper for entrepreneurs and joined the New York Stock Exchange (NYSE) in 1896. By 1898, the
firm's capital stood at $1.6 million.
Over the years it kept acquiring its competitive firms and companies and by early 21st century, it became the
biggest investment banking enterprises in the world.
Philosophy
Mission : We are committed to a distinctive culture and set of core values. These values are reflected in our
Business Principles, which emphasize placing our clients' interests first, integrity, commitment to excellence
and innovation, and teamwork. Goldman Sachs is managed by its principal owners.
Portfolio of Company; Products and Services it offers
It offers services in;
♦ investment management,
♦ securities, asset management,
♦ prime brokerage, and
♦ securities underwriting.
♦ It also provides investment banking to institutional investors.
Wednesday, April 14, 2021