Goldman Sachs

Goldman Sachs

Goldman Sachs - Business Site Directory

"The Goldman Sachs Team, Inc., is an American multinational financial investment bank and also economic solutions firm headquartered in New york city City. It provides solutions in financial investment management, safeties, property administration, prime broker agent, and securities underwriting.

The financial institution is among the largest financial investment banking business in the world, and also is a key dealership in the USA Treasury security market and more usually, a prominent market manufacturer. The team also has Goldman Sachs Bank USA, a direct bank. Goldman Sachs was founded in 1869 as well as is headquartered at 200 West Road in Lower Manhattan with additional workplaces in other global financial centers.

As a result of its involvement in securitization during the subprime home loan situation, Goldman Sachs suffered throughout the monetary situation of 2007-- 2008, as well as got a $10 billion investment from the United States Department of the Treasury as part of the Struggling Property Relief Program, a monetary bailout developed by the Emergency Economic Stablizing Act of 2008. The financial investment was made in November 2008 as well as was paid back in June 2009.

Former workers of Goldman Sachs have actually carried on to government positions. Noteworthy examples consists of former U.S. Assistants of the Treasury Robert Rubin and also Henry Paulson; present United States Secretary of the Treasury Steven Mnuchin; previous Under Secretary of State John C. Whitehead; previous primary financial consultant Gary Cohn; Governor of New Jacket Phil Murphy and previous Governor of New Jacket Jon Corzine; previous Head of state of Italy Mario Monti; European Reserve Bank President Mario Draghi; previous Bank of Canada and Financial Institution of England Governor Mark Carney; British Chancellor of the Exchequer Rishi Sunak; and also the previous Prime Minister of Australia Malcolm Turnbull. Additionally, previous Goldman staff members have headed the New York Stock Exchange, the Globe Bank, and also completing financial institutions such as Citigroup as well as Merrill Lynch.

The firm is placed 62nd on the Lot of money 500 checklist of the biggest United States corporations by total earnings."