Public | |
Traded as | |
Industry | Financial services |
Founded | 1869 |
Founder |
Marcus Goldman Samuel Sachs |
Headquarters | 200 West Street, Manhattan, New York City, New York, U.S. |
Area served
|
International service |
Key people
|
Lloyd Blankfein (Chairman and CEO) David Solomon (President and COO) R. Martin Chavez (CFO) Elisha Wiesel (CIO) |
Products |
Asset management Commercial banking Commodities Investment banking Investment management Mutual funds Prime brokerage |
Revenue | US$32.07 billion (2017) |
US$11.132 billion (2017) | |
US$4.286 billion (2017) | |
Total assets | US$916.776 billion (2017) |
Total equity | US$82.243 billion (2017) |
Number of employees
|
37,300 (2018) |
Capital ratio | Tier 1 12.8% (2018; Basel III Advanced) |
Rating |
Standard & Poor's: BBB+ Moody's: A3 Fitch Ratings: A |
Website | goldmansachs |
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company headquartered in New York City. Apart from investment banking, it offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.
As a "Bulge Bracket bank", it is one of the largest investment banking enterprises in the world. It is considered a primary dealer in the United States Treasury security market and more generally, a prominent market maker. The bank owns a direct bank known as Goldman Sachs Bank USA through which it maintains its online banking presence. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in Lower Manhattan with additional offices in other international financial centers.
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.