- CEO
- David Michael Solomon
- Full Time Employees
- 47,400
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 200 West Street New York City NY United States of America 10282
- IPO Date
- Nov 4, 2005
- Business
- The Goldman Sachs Group, Inc. The Goldman Sachs Group, Inc. operates as a leading global investment banking, securities and investment management firm that delivers a broad range of financial services to corporations, financial institutions, governments and individuals worldwide; its core offerings span investment banking including mergers and acquisitions advisory, equity and debt underwriting; Global Banking & Markets encompassing trading in equities, fixed income, currencies and commodities, prime brokerage, securities lending and financing; Asset & Wealth Management with over $2 trillion in assets under supervision across public and private markets including alternatives such as private equity, growth equity, real estate, infrastructure, private credit and hedge funds; Platform Solutions featuring transaction banking, consumer platforms like Marcus by Goldman Sachs for lending, deposits and investing, and partnerships for credit cards and point-of-sale financing; the firm maintains a premier wealth management franchise for ultra-high net worth individuals, family offices and institutions offering personalized advisory, private banking and lending. Founded in 1869 by Marcus Goldman and headquartered at 200 West Street in New York, The Goldman Sachs Group, Inc. conducts operations through offices in all major financial centers across the Americas, Europe, Middle East, Africa and Asia-Pacific regions. In its preferred stock portfolio, the firm issues multiple perpetual non-cumulative series such as Series C (Perpetual Floating Rate, issued October 2005, $200 million, ticker GS-PC) providing prioritized dividend claims with quarterly payments based on 3-month term SOFR plus 1.01161% floored at 4.00%, alongside recent issuances including Series Z in January 2025 ($1.9 billion, 6.850% fixed-to-reset). Recent strategic developments include the October 2025 agreement to acquire Industry Ventures, a venture capital platform managing $7 billion in assets under supervision, for up to $965 million in cash and equity to enhance technology investment capabilities within its $540 billion alternatives platform and External Investing Group; this follows prior expansions like the Petershill GP stakes business and ongoing issuances of fixed-rate reset preferred stock series such as Y in September 2024 and Z in 2025 to bolster capital structure amid evolving market dynamics.