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Goldman Sachs

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Goldman Sachs
AFF 5050
Global Banking Institutions and Issues

Group Assignment

Letter of Transmittal
Dr Piyadasa Edirisuriya

Department of Accounting and Finance Caulfield campus, Monash University 900 Dandenong Road Caulfield East VIC 3145

Re: Major Report for Goldman Sachs Group, Inc.

Dr Piyadasa Edirisuriya,

According to the assignment requirement, we hereby submit this report for Goldman Sachs Group, Inc. Based on the report, we went deep into Goldman Sachs’s history, products and services, talked about the financial and physical strength, and analysed the performance of the bank within last a few years as well as the future expectation of the bank. Finally we identified the influence of the sub-prime crisis to this bank and its response with respect to the crisis.

We are grateful for all your guidance and assistance during the procedure of constructing this report. Please contact us without hesitation if there are some mistakes or defects in the report.

Yours sincerely, Zhouyang Wu Xichen Lou Da Huo Xiang Meng ID: 21963657 ID: 23321865 ID: 23772395 ID: 23754923

Ngoc Thang Hoang ID: 24050938

Word Count: 4308

Page 1

Table of Contents

Executive Summary .........................................................................................................5 1.
1.1 1.2 1.3

History and development ........................................................................................6
Backgrounds............................................................................................................. 6 History ..................................................................................................................... 6 Development via merge and acquisitions .................................................................. 7

2.
2.1

Products and service ................................................................................................8
Investment

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