The Goldman Sachs Group, Inc.
News and overview for The Goldman Sachs Group, Inc.
Hispanic Scholarship Fund Announces Inductees Into Prestigious 2009 Alumni Hall of Fame [Press Release]
PRNewswire | 69 days 17 hours 29 minutes ago
NEW YORK, Sept. 15 /PRNewswire/ -- The Hispanic Scholarship Fund (HSF) today announced it will induct five extraordinary Latinos and honor one corporation at its eighth annual Alumni Hall of Fame gala on September 30, 2009. Natalie Morales, co-anchor and national correspondent for NBC's Today Show, will serve as the event's emcee at The Pierre Hotel in New York City.
AllianceBernstein Builds a Presence in Commercial Real Estate [Press Release]
PRNewswire | 70 days 8 hours 29 minutes ago
...experience. This initiative will enable the firm and its clients to capitalize on real-estate opportunities around the world. Brahm Cramer, previously Co-Head of the Goldman Sachs Group, Inc.'s Real Estate Principal Investment...
Goldman was exposed to AIG losses: govt report
Canada.com | 5 days 12 hours 25 minutes ago
YORK -- Goldman Sachs Group Inc could have suffered dramatic losses if the federal government had not intervened to prop up American International Group Inc, according to a government report.
Strong earnings lift Genworth shares; sector falls - MarketWatch
MarketWatch | 24 days 14 hours 9 minutes ago
On an operating basis, which excludes net realized investment gains and losses, Genworth said profit was $81 million, or 18 cents a share. Genworth had been expected to lose 2 cents a share, according to the average estimate derived in a survey of 17 analysts by Thomson Reuters.
NYSE Euronext profit drops 28% - MarketWatch
MarketWatch | 24 days 18 hours 47 minutes ago
The exchange said its profit for the third quarter dropped to $125 million, or 48 cents a share, from $174 million, or 66 cents a share, a year earlier.
Goldman Holders Miffed at Bonuses
Wall Street Journal, The | 2 days 6 hours 21 minutes ago
Some of the largest shareholders in Goldman Sachs Group Inc. have urged the Wall Street firm to reduce the size of its bonus pool, arguing that it should pass along more of its blockbuster earnings to investors, according to people familiar with the situation.
Obama speaks softly, carries big stick on exec pay David Callaway - MarketWatch
MarketWatch | 33 days 1 hour 31 minutes ago
After nine months of fumbling and frustration on issues from Afghanistan to the auto industry, Obama finally wielded Teddy Roosevelt's big stick on Wednesday and slammed it down on overpaid executives of the seven biggest companies bailed out by the U.S. taxpayer.
Bank chiefs urge UK's FSA to slow pace of change - MarketWatch
MarketWatch | 22 days 10 hours 44 minutes ago
Leading U.K. bankers have urged the Financial Services Authority to slow down its efforts to reform markets, according to documents seen by Financial News, which demonstrates the level of discomfort within the industry at the pace of change.
Bernanke to Wall Street: pay up to get paid MarketWatch First Take - MarketWatch
MarketWatch | 31 days 12 hours 14 minutes ago
The first is a verbal warning as made in a speech Friday to a conference sponsored by the Federal Reserve Bank of Boston.
Critical Alerts for Goldman Sachs, Motorola, Kohl's, Activision Blizzard, and Tyson Foods Released by Seven Summits Research [Press Release]
PRNewswire | 81 days 15 hours 59 minutes ago
Critical Alerts for Goldman Sachs, Motorola, Kohl's, Activision...into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the following stocks: Goldman Sachs Group Inc. , Motorola Inc. , Kohl's...
Big shareholders ask Goldman to cut bonuses: report
Canada.com | 3 days 14 hours 20 minutes ago
Some of Goldman Sachs Group Inc.'s largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.
Fitch Solutions: BofA, Citgroup CDS & Liquidity Signal Reversal of Fortune [Press Release]
Business Wire | 41 days 15 hours 52 minutes ago
In a heavy earnings week, the most notable development is the continued short-term renaissance for many financial companies, especially among some of the bigger market names, according to Fitch Solutions in its latest update on Global CDS Spreads/Liquidity Scores for companies scheduled to come out with earnings announcements in the coming week.
Critical Alerts for Goldman Sachs, Hewlett-Packard, UPS, Family Dollar, and American Electric Power Released by Seven Summits Research [Press Release]
PRNewswire | 52 days 15 hours 59 minutes ago
Critical Alerts for Goldman Sachs, Hewlett-Packard, UPS, Family...into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the following stocks: Goldman Sachs Group Inc. , Hewlett-Packard Company...
Some Goldman shareholders call for bonus cuts: WSJ
MarketWatch | 3 days 23 hours 21 minutes ago
Some of the largest shareholders in Goldman Sachs Group Inc
Chevron, NYSE Euronext, Alcatel-Lucent in focus - MarketWatch
MarketWatch | 24 days 16 hours 36 minutes ago
European markets were mixed, with banking stocks mostly on the rise, while oil and gas stocks edged lower. Most Asian markets ended higher, with Bank of China and Samsung Electronics among the gainers after encouraging third-quarter results.
Company Overview
| Company: | The Goldman Sachs Group, Inc. |
|---|---|
| Industry: | Large-Market Investment Banking |
| Website: | http://www.goldmansachs.com |
Goldman Sachs has traditionally possessed the Midas touch in the investment banking world. A global leader in mergers and acquisitions advice and securities underwriting, Goldman offers a gamut of investment banking and asset management services to corporate and government clients, as well as institutional and individual investors. It owns Goldman Sachs Execution & Clearing, one of the largest market makers on the NYSE and a leading market maker for fixed income products, currencies, and commodities. In 2008 Goldman Sachs converted to a bank holding company and formed subsidiary Goldman Sachs Bank USA (GS Bank USA), now in charge of bank loan trading, mortgage originations, and other activities.
Key Numbers
| Sales in U.S. Dollars (mil.) | 22,222 (2008) |
|---|---|
| One-year % Growth in Sales | -51.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,322 (2008) |
| One-year % Growth in Net Income | -79.6 (2008) |
| Number of Employees | 30,067 (2008) |
| One-year % Growth in Number of Employees | -1.5 (2008) |
| Fiscal Year-End | November |