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History and Background of the Goldman Sachs Group Inc.

   

Added on  2023-06-11

10 Pages1800 Words412 Views
June 9th, 2018
History and Background of the Goldman Sachs Group Inc._1
REPORT 1
Contents
History and Background of the Goldman Sachs Group Inc...................................................................2
SWOT...............................................................................................................................................2
External analysis through PESTEL ..................................................................................................3
CSR, Ethics and Sustainability..............................................................................................................5
References.............................................................................................................................................7
History and Background of the Goldman Sachs Group Inc._2
REPORT 2
History and Background of the Goldman Sachs Group Inc.
The Goldman Sachs Group Inc. is a leading American corporation based at Lower Manhattan
in New York, whose services range from Investment Banking, Institutional Client Services
such as broking, underwriting and professional recommendations on mergers and
acquisitions; Investment and Lending services, and Investment Management services
(Goldman Sachs, 2018a). The company was found in 1869, by Marcus Goldman and Samuel
Sachs, and currently has a worldwide presence which includes regions of America, Asia
Pacific, Europe, Africa and Middle Eastern regions (Goldman Sachs, 2018b). The company
has started its operations as a general partnership firm in 1885, but later on went public on the
New York stock exchange in 1999 (Los Angeles Times, 2018). The company transformed
into a bank holding company in the year 2008, after the financial downturn. As of now, it is
operating as a bank holding company as well as a financial holding company in United
States. And it is being regulated by the Board of Governors of the Federal Reserve System
(Koch and MacDonald, 2014). The closing stock price of the company on June 11th, 2018 was
$ 234.45, while the market capitalization as on that day was $ 86.56 billion. The critical
evaluation of Goldman Sachs’s environment based on the framework within which it works
is as follows. The two techniques to be used for the analysis of Goldman Sachs are SWOT
analysis and PESTEL analysis.
SWOT stands for: “Strength, Weakness, Opportunity and Threat”. The strategic tool is used
to identify organisation’s internal capabilities and weaknesses. Accordingly other such
policies in relation to marketing, financial structure etc. can be formulated and implemented.
SWOT analysis of Goldman Sachs is as follows:-
STRENGTHS
History and Background of the Goldman Sachs Group Inc._3

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