Goldman Sachs is a giant investment bank that has recently proven itself and its ability to be one of the most successful banks of all time by not just surviving the recent financial meltdown but overcoming the odds and managing to be at the forefront of banking industry. Goldman managed to survive the financial meltdown with some help from the government by changing itself into a commercial bank holding firm in 2008.
Goldman Sachs engages in investment banking, securities and investment management. Goldman’s main role is that it acts as a financial advisor as well as manages money for its numerous stakeholders which include: corporations, governments and high net-worth families all over the world. The company is also involved in mergers and acquisitions, where it plays an advisory role to its clients. It also provides underwriting as well as asset management services. Goldman Sachs also has a significant role in the private equity and proprietary trading world The U.S. Treasury securities market is one of GS’s clients where the company is a primary dealer. Goldman Sachs is a multi-business as well as transnational company as the aforementioned states. The company has major offices in London, New York, Hong Kong, Tokyo and Frankfurt to name a few.
Goldman Sachs’ mulitibusiness is divided in three groups: Investment Banking, Trading and Principle Investments and Asset Management and Securities Services.
Goldman Sachs has proven to be successful over the past century by taking advantage of different performance measurements. Goldman, out of all the investment banks has managed to create the most value for its company as well as shareholders and stakeholders. The company has done this by taking up strategies like spreading revenues evenly throughout all their different business segments. My analysis of the company stressed on the fact that Goldman’s success has also stemmed from