Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in the Lower Manhattan area of New York City. Its founder is Marcus Goldman. Lloyd C. Blankfein is the C.E.O and Chairman of the board of the Goldman Sachs Group, inc. The Goldman Sachs Group is a commercial bank and also a global investment banking and securities firm. This firm is recognized as a strong investment bank division.This firm is engaged in investment management, mergers and acquisitions advice, underwriting services, asset management, prime brokerage, investment banking, and other financial services to the institutional clients. Goldman Sachs also utilizes its own capital in long term and short term investments. Its main target is to provide various services to the institutional clients. Goldman Sachs group, Inc is recognized as the fifth largest bank by the asset and its asset is $880,677,000.It have employed 32,500 employees for its better performance.
Goldman Sachs Company provide different type of financial services to their clients including corporations, financial institutions, governments and high-net-worth individuals. Goldman Sachs company operates its work in three segments and they are Investment Banking,Trading and Principal Investment and Asset Management and Securities Services.The three segments of its operation are described below:
A. Investment Banking
Goldman Sachs company will definitely provides the investment banking services to the corporations, financial institutions, investment funds, governments and individuals when it is recognized as the investment bank of USA. So, the customers of this company can get the better facility in investment banking. Advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings and spin-offs are prepared by the financial advisory of the company.The bank offers the public and private placement of the wide range of securities and financial instruments like convertible and exchangeable securities,soverign and emerging market debt,municipal debt, bank loans, common and preferred stock,etc. The Company engages in underwriting and origination of various types of debt instruments, including investment-grade debt securities, high-yield debt securities, bank and bridge loans and emerging market debt securities, which may be issued by, among others, corporate, sovereign and agency issuers. In addition, it underwrites and originates structured securities, which include mortgage-related securities and other asset-backed securities and collateralize debt obligations.
B. Trading and Principal Investments.
Trading and Principal Investments encourage customer transactions with corporations, financial institutions, investment funds, governments and individuals, through market making in, trading of and investing in fixed income and equity products, currencies, commodities and derivatives on these products. In addition, Goldman Sachs engages in market-making activities on equities and options exchanges, and it clears customer’s transactions on stock, options and futures exchanges worldwide. Its Trading and Principal Investments segment is classified into three components: Fixed Income, Currency and Commodities, Equities and Principal Investments. These three components of the company assists its clients with their trading and investing activities. Goldman Sachs markets in and trades a range of credit and credit-linked products worldwide, including credit derivatives, investment-grade corporate securities, high-yield securities, bank and secured loans, municipal securities, and emerging market and distressed debt. . Principal Investments primarily include net revenues from three sources: returns on corporate and real estate investments; overrides on corporate and real estate investments made by merchant banking funds that the Company manages, and its investment in the ordinary shares of Industrial and Commercial Bank of China Limited (ICBC).
C. Asset Management and Securities Services
The company provides investment products to the institutitons and individuals worldwideand also provide wealth advisory services.The transaction of revenues are also generated by the asset management of this bank in the form of management and incentive fees.The services provided by the securities services are prime brokerage services, hedge funds, mutual fundspension funds and foundations, and to high-net-worth individuals worldwide, and generates revenues primarily in the form of interest rate spreads or fees.
Asset Management and Securities Services segment is divided into two components: Asset Management and Securities Services. Asset Management primarily consists of two related businesses; Goldman Sachs Asset Management (GSAM) and Private Wealth Management (PWM), through which it offers a range of investment strategies and wealth advisory services to customers worldwide. Asset Management includes management fees related to its merchant banking activities. GSAM distributes investment products directly to the firm’s institutional clients, including pension funds, governmental organizations, corporations, insurance companies, banks, foundations and endowments, and indirectly to institutional and individual clients, through third-party distribution channels, including brokerage firms, banks, insurance companies and other financial intermediaries.
Goldman Sachs Company provide different type of financial services to their clients including corporations, financial institutions, governments and high-net-worth individuals. Goldman Sachs company operates its work in three segments and they are Investment Banking,Trading and Principal Investment and Asset Management and Securities Services.The three segments of its operation are described below:
A. Investment Banking
Goldman Sachs company will definitely provides the investment banking services to the corporations, financial institutions, investment funds, governments and individuals when it is recognized as the investment bank of USA. So, the customers of this company can get the better facility in investment banking. Advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings and spin-offs are prepared by the financial advisory of the company.The bank offers the public and private placement of the wide range of securities and financial instruments like convertible and exchangeable securities,soverign and emerging market debt,municipal debt, bank loans, common and preferred stock,etc. The Company engages in underwriting and origination of various types of debt instruments, including investment-grade debt securities, high-yield debt securities, bank and bridge loans and emerging market debt securities, which may be issued by, among others, corporate, sovereign and agency issuers. In addition, it underwrites and originates structured securities, which include mortgage-related securities and other asset-backed securities and collateralize debt obligations.
B. Trading and Principal Investments.
Trading and Principal Investments encourage customer transactions with corporations, financial institutions, investment funds, governments and individuals, through market making in, trading of and investing in fixed income and equity products, currencies, commodities and derivatives on these products. In addition, Goldman Sachs engages in market-making activities on equities and options exchanges, and it clears customer’s transactions on stock, options and futures exchanges worldwide. Its Trading and Principal Investments segment is classified into three components: Fixed Income, Currency and Commodities, Equities and Principal Investments. These three components of the company assists its clients with their trading and investing activities. Goldman Sachs markets in and trades a range of credit and credit-linked products worldwide, including credit derivatives, investment-grade corporate securities, high-yield securities, bank and secured loans, municipal securities, and emerging market and distressed debt. . Principal Investments primarily include net revenues from three sources: returns on corporate and real estate investments; overrides on corporate and real estate investments made by merchant banking funds that the Company manages, and its investment in the ordinary shares of Industrial and Commercial Bank of China Limited (ICBC).
C. Asset Management and Securities Services
The company provides investment products to the institutitons and individuals worldwideand also provide wealth advisory services.The transaction of revenues are also generated by the asset management of this bank in the form of management and incentive fees.The services provided by the securities services are prime brokerage services, hedge funds, mutual fundspension funds and foundations, and to high-net-worth individuals worldwide, and generates revenues primarily in the form of interest rate spreads or fees.
Asset Management and Securities Services segment is divided into two components: Asset Management and Securities Services. Asset Management primarily consists of two related businesses; Goldman Sachs Asset Management (GSAM) and Private Wealth Management (PWM), through which it offers a range of investment strategies and wealth advisory services to customers worldwide. Asset Management includes management fees related to its merchant banking activities. GSAM distributes investment products directly to the firm’s institutional clients, including pension funds, governmental organizations, corporations, insurance companies, banks, foundations and endowments, and indirectly to institutional and individual clients, through third-party distribution channels, including brokerage firms, banks, insurance companies and other financial intermediaries.
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