Goldman Sachs
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  Goldman Sachs is a leading global investment banking and securities firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
Global Capital Markets, which comprises our Investment Banking and Trading and Principal Investments businesses, and Asset Management and Securities Services. The product and service offerings within these segments are described in the following table:
  • Equity and debt underwriting
  • Financial restructuring advisory services
  • Mergers and acquisitions advisory services
  • Real estate advisory services
  • Bank loans
  • Commodities
  • Currencies
  • Equity and fixed income derivatives
  • Equity and fixed income securities
  • Principal investments
  • Proprietary arbitrage
  • Commissions
  • Institutional and high-net-worth asset management
  • Margin lending
  • Matched book
  • Merchant banking fees
  • Increased share of merchant banking fund income and gains
  • Mutual funds
  • Prime brokerage
  • Securities lending
      Our Investment Banking activities are divided into two categories: Financial Advisory and Underwriting. Financial Advisory includes advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings and spin-offs. Underwriting includes public offerings and private placements of equity and debt securities.

    Our Trading and Principal Investments activities are divided into three categories: Fixed Income, Currency and Commodities; Equities; and Principal Investments. In our Trading and Principal Investments business, we facilitate client transactions and take proprietary positions through market making in, and trading of, fixed income and equity products, currencies, commodities, and swaps and other derivatives. Principal Investments primarily represents net revenues from our merchant banking investments.

      Our Asset Management and Securities Services activities are divided into three categories: Asset Management, Securities Services and Commissions. In Asset Management, we provide a broad array of investment advisory services to a diverse client base. Securities Services includes prime brokerage, financing services and securities lending, and our matched book businesses. Commissions includes agency transactions for clients on major stock and futures exchanges and revenues from the increased share of the income and gains derived from our merchant banking funds.


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