Overview of Goldman Sachs
Goldman Sachs was founded in New York
in 1869 by the German-born Marcus
Goldman's son-in-law Samuel
Sachs joined the firm in 1882
IPO in 1999- As of 2009, 67% of GS
owned by shareholders
Offices over 73 countries with 32,500 staff
Over the last 12 months GS acquired 5 Other
1. Red de Carretera -Transportation &
2. Suncorp Group Ltd –Insurance Company
3. Echo Entertainment Group Ltd –Casino and
4. BPL Medical Technologies Ltd-Healthcare
5. Fresh Water Group Ltd – Machinery
J Michael Evans
Edith W Cooper
Alan M Cohen
Gregory K Palm
JPMorgan Chase & Co.
Merrill Lynch & Co., Inc.
Lehman Brothers Holdings Inc.
Deutsche Bank AG
UBS Investment Bank
Innovations- GS is constantly raising the bar and
providing new innovative products for its clients.
Reputations- The GS name is synonymous with
Relationships- GS is connected to many of the top
people at the largest firms.
Versatility-The firm is very willing alter strategy to
take advantage of emerging trends in financial
Weakness & Threats
Concentrated in Few Key Products
High Attrition Rates
Bad Mortgages - Subprime Issues
Credit Market Crisis
Sharp Rise in Interest Rates