Goldman Sachs

The Goldman Sachs Group, Inc. {{nyse|GS}} (referred to as GS, or just Goldman) is an investment bank. The firm was founded in 1869. Headquartered in downtown New York City at 85 Broad Street (http://www.mapquest.com/maps/map.adp?country=US&address=85+Broad+Street+10004+&city=New+York&state=NY), Goldman operates globally with offices in leading financial centers, e.g. New York City, Frankfurt, London, Hong Kong and Tokyo.

Related Topics:
Investment bank - 1869 - Downtown - New York City - Frankfurt - London - Hong Kong - Tokyo

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Goldman is mostly involved in wholesale financial services, although it has a newer and growing Private Client Services arm. Its largest area of activity is proprietary trading, that is, executing trades for its own profit with its own money. In fact, investment banking accounts for only 5 percent of Goldman's profits.

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