The Goldman Sachs Group, Inc.
News and overview for The Goldman Sachs Group, Inc.
Federal regulators probe Goldman Sachs compensation practices
PLI SmartBrief | 109 days 19 hours 37 minutes ago
Goldman Sachs Group Inc. announced that it is cooperating...agencies seeking to learn more about the financial companies' compensation and derivatives practices. The probe comes after the credit crisis in which government officials...
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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 |