Culture

The Goldman Sachs culture values teamwork, client service and giving back to the communities we serve. It has been described as the foundation of the firm’s success.

+ Themes Culture

The Business Standards Committee Is Formed

In 2010, Goldman Sachs initiates a comprehensive review of business principles and practices via the newly-formed Business Standards Committee.

Culture , Clients

New Partners Reflect the Firm’s Evolving Partnership

Among the new partners named in 1986 were Jeanette Loeb, the firm’s first woman partner; Garland Wood, the firm’s first black partner, and Fischer Black, a pioneer in quantitative risk management.

Culture

1994: NAFTA Goes into Effect, Nelson Mandela Assumes South African Presidency, “Chunnel” Opens and General Motors tops Fortune 500

As Goldman Sachs reaches the 125-year milestone in 1994, the firm is a truly global enterprise, with 34 offices and a team of 9,000 around the world providing a wide range of services within and across borders.

Globalization , Culture

Investing in Global Education and Entrepreneurship: The Goldman Sachs Foundation

In 1999, the firm establishes the Goldman Sachs Foundation, a global philanthropic organization aimed at improving the academic performance and lifelong productivity of young people worldwide. Over time, its focus is refined to target local economic growth and opportunity through investing in entrepreneurship globally.

Service , Culture

Reinforcing its Commitment to Europe, Goldman Sachs Opens Paris Office

In 1987, Goldman Sachs begins operations in Paris, its third office in Europe.

Globalization , Culture

Goldman Sachs Establishes Asia Presence with Tokyo Office

Expanding its global footprint, the firm opens an office in Tokyo, Japan in 1974, its first in Asia.

Globalization , Culture

Goldman Sachs is One of the “100 Best Companies to Work For” in the United States

Goldman Sachs is named to Fortune’s list of “100 Best Companies to Work For” in 1998, the ranking’s inaugural year in the magazine.

Culture

Plumtree Court Combines Design, Functionality and Sustainability in New European Headquarters

In 2019, Goldman Sachs prepares to take occupancy of Plumtree Court. The firm’s new European headquarters will bring the three existing London offices together under one roof, with a focus on creating a space that fosters productivity and connectivity and achieving a BREEAM rating of Excellent for its sustainability.

Globalization , Culture

10,000 Small Businesses Fuels Innovation, Productivity Gains in United Kingdom

Goldman Sachs launches 10,000 Small Businesses UK in 2010, seeking to boost lagging productivity by energizing small business growth and creating jobs in the United Kingdom.

Culture , Service

Codifying a Commitment to Diversity with Updated Business Principles

On October 16, 2001, the firm announced that it had expanded its seventh Business Principle to underscore the importance of building, supporting and leveraging a diverse and inclusive workforce at Goldman Sachs.

Culture

Expanding its Commitment to China, Goldman Sachs Opens Offices in Beijing and Shanghai

In early 1994, Goldman Sachs opens its first office in China. Officially opened in February, the firm’s Beijing office marks the beginning of a permanent presence in mainland China. In November, the firm opens a second office, in Shanghai.

Globalization , Culture

Goldman Sachs Introduces 14 Business Principles That Define the Firm

In 1979, John Whitehead codifies a set of 14 Business Principles that define Goldman Sachs and what it stands for.

Culture

1969: Stonewall Riots, Man On The Moon, Woodstock, And The Rise of Block Trading

A century after its founding, Goldman Sachs enjoys a strong presence in block trading, corporate financing, security arbitrage, trading and underwriting of federal agencies securities, and municipal finance.

Culture , Globalization

Former Prime Minister Margaret Thatcher Inaugurates Goldman Sachs’ New European Headquarters

In 1991, Goldman Sachs brings its London-based staff under a single roof in a new office building on Fleet Street in London that incorporates functional, collaborative work spaces and the latest technology. Peterborough Court will serve as the firm’s European headquarters for nearly three decades.

Globalization , Culture

Marriage Equality

In 2013, Goldman Sachs joins other business leaders and advocates in signing a friend of the court brief supporting marriage equality.

Culture , Leadership

1944: D-Day, the Bretton Woods Conference and the Dawn of the IMF and the World Bank

Goldman Sachs turns 75 in 1944 as World War II continued to engulf much of the globe and world leaders convene to plan for post-war governance, economic reconstruction, and financial stability.

Culture , Globalization

Looking to Expand in Asia, Goldman Sachs Establishes Hong Kong Presence

Goldman Sachs opens an office in Hong Kong in 1983, recognizing the role of the port territory as a vital financial bridge for the entire Asian region.

Globalization , Culture

1919: Treaty of Versailles, the First Trans-Atlantic Flight, and Rotary Dial Telephones

Goldman Sachs turns 50 in 1919, the year when the Treaty of Versailles is signed ending World War I and the world sees the first nonstop trans-Atlantic flight.

Culture , Globalization

With 10,000 Small Businesses, Goldman Sachs Helps to Fuel the Engines of Job Creation and Spark Innovation

Goldman Sachs announces a US$500 million initiative in 2009 to help small businesses create jobs and drive economic growth through greater access to education, financial capital and business support services.

Service , Culture

1894: Coca-Cola, the International Olympic Committee, and the “Velocipede”

Goldman Sachs turns 25 during the US economic recession of the mid-1890s.

Globalization , Culture

New Global Headquarters Opens at 85 Broad Street

In 1983, Goldman Sachs opens its newly constructed headquarters building at 85 Broad Street in New York City’s financial district.

Culture

Sidney Weinberg Helps Set the Standard for Corporate Directorship in the 20th Century

In 1949, Sidney Weinberg gives a speech on the responsibilities of corporate directors before the Harvard Business School Club in Cleveland. His model for corporate directorship will be widely cited and emulated for decades.

Culture , Leadership

Pursuing Opportunity, Goldman Sachs Establishes Boston and Chicago Offices

Goldman Sachs opens offices in Boston and Chicago in 1900, thus becoming a national company.

Culture , Globalization

Goldman Sachs Takes First Step to Becoming a Global Firm with London Office

In 1970, Goldman Sachs opens its first international office on Goldsmith Street in London.

Globalization , Culture

Goldman Sachs Plans First Headquarters for Site of Marcus Goldman’s Original Office

In 1929, Goldman Sachs announces it will build a new 20-story headquarters at 30 Pine Street, the first-ever construction project by the firm.

Culture

Goldman Sachs Launches Community TeamWorks, Its Signature Volunteer Program

Community TeamWorks, the firm’s flagship volunteering initiative, was launched in 1997. The program gives employees a day off from work to participate in team-based projects with nonprofit organizations in their communities.

Culture , Service

Paradigm Shift as Goldman Sachs Decides to Go Public

After decades of impassioned debate, the partners of Goldman Sachs voted in 1998 to take the firm public the following year. The firm was among the last large financial institutions to do so.

Clients , Culture

Landmark Partnership Preserves Pristine Wilderness in Tierra del Fuego

In 2004, the firm entered into a landmark public-private partnership with the Wildlife Conservation Society to establish the Karukinka Natural Park on the island of Tierra del Fuego, Chile.

Culture , Service

Embracing Past and Future, Goldman Sachs Breaks Ground on Global Headquarters in Manhattan

Goldman Sachs broke ground for its new, state-of-the-art headquarters at 200 West Street on November 29, 2005, consolidating all of the firm’s New York City people in one building and once again demonstrating its commitment to Lower Manhattan.

Culture

Harnessing the Power of Education for Women Entrepreneurs Around the World

Goldman Sachs launches 10,000 Women in 2008, a program dedicated to providing women in underserved communities around the world with a business and management education.

Culture , Service

Tapping Junior Talent's Competitive Spirit to Generate Grants for Nonprofits

Goldman Sachs launched the Analyst Impact Fund in 2016, providing a creative, collaborative opportunity for the firm’s junior talent to compete with their peers for grants to benefit the nonprofit organizations of their choice.

Culture , Service