Goldman Sachs
200 West Street
New York, NY 10282
Website:
gs.com
Firm Size
- Assets Under Management (AUM):$62.3 Billion
- Number of Funds:171
- Employees:3689
- Firm Type:Private Equity
- Focus Areas:
Services
Description
Goldman Sachs & Co. LLC is a leading global investment banking, securities, and investment management firm headquartered in New York, NY. The company was founded in 1869 and has since grown to become one of the most prestigious and influential financial institutions in the world.
As an investment banking firm, Goldman Sachs is involved in various activities such as mergers and acquisitions, underwriting IPOs, providing financial advisory services, and facilitating capital raising for corporations, governments, and high-net-worth individuals. They cater to a wide range of clients, including corporations, financial institutions, governments, and individuals.
Goldman Sachs also operates in the securities and investment management sectors. They engage in securities trading, including equities, fixed income, commodities, and currencies, both for their own accounts and on behalf of clients. In investment management, the firm offers a range of investment products and services, including asset management, wealth management, and private banking.
Over the years, Goldman Sachs has gained a reputation for its expertise in financial markets, strong risk management, and innovation. The firm employs a large number of highly skilled professionals, including bankers, traders, analysts, and investment managers, who work diligently to deliver value to their clients.
However, Goldman Sachs has not been without its controversies. The company faced significant criticism following the 2008 financial crisis, accused of contributing to the collapse of the housing market through the sale of mortgage-backed securities. This led to both legal and reputational challenges for the firm.
Despite these challenges, Goldman Sachs remains a formidable presence in the financial industry, constantly adapting to changes in the market and actively participating in shaping global economic trends. Its influence and reach extend well beyond the borders of the United States, with a strong presence in major financial centers around the world.
In summary, Goldman Sachs & Co. LLC is a renowned investment banking and financial services firm based in New York, NY. It offers a wide range of services including investment banking, securities trading, and investment management. Although it has faced controversies in the past, the firm continues to play a significant role in global finance and is regarded as a key player in the industry.