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The Goldman Sachs Group, Inc.GS
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The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide.

It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments.

The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in resale agreements.

This segment also offers client execution activities for cash and derivative instruments; credit and interest rate products; and provision of mortgages, currencies, commodities, and equities related products, as well as underwriting services.

The Asset & Wealth Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, wealth advisory services, personalized financial planning, and private banking services, as well as invests in corporate equity, credit, real estate, and infrastructure assets.

The Platform Solutions segment offers credit cards and point-of-sale financing for purchase of goods or services.

This segment also provides cash management services, such as deposit-taking and payment solutions for corporate and institutional clients.

The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

Latest News >
Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend
Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend
Aug 5, 2024
07:11 AM EDT, 08/05/2024 (MT Newswires) -- Sonic Automotive ( SAH ) reported Q2 adjusted earnings Monday of $1.47 per diluted share, down from $1.83 a year earlier. Analysts polled by Capital IQ expected $1.38. Revenue for the quarter ended June 30 was $3.45 billion, down from $ 3.65 billion a year earlier. Analysts surveyed by Capital IQ expected $3.56...
Royal Philips Plans to Repurchase Up to $136.8 Million in Shares
Royal Philips Plans to Repurchase Up to $136.8 Million in Shares
Aug 5, 2024
07:10 AM EDT, 08/05/2024 (MT Newswires) -- Royal Philips (PHG) said Monday it will repurchase up to 125 million euros ($136.8 million) in common shares to cover a portion of its obligations under long-term incentive plans. The company estimates the buyback to include about 4.8 million shares based on its current share price. Price: 27.67, Change: -0.81, Percent Change: -2.84...
Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles
Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles
Aug 5, 2024
07:09 AM EDT, 08/05/2024 (MT Newswires) -- The US Commerce Department is planning to propose banning Chinese software in American self-driving vehicles with Level 3 automation and above, Reuters reported Sunday, citing people briefed on the matter. The Biden administration is also expected to propose prohibiting Chinese-developed advanced wireless communications abilities modules from driving on US roads, the report said....
Honeywell Automation India's Q1 profit jumps on order execution
Honeywell Automation India's Q1 profit jumps on order execution
Aug 5, 2024
BENGALURU (Reuters) - Engineering firm Honeywell Automation reported higher first-quarter profit on Monday, aided by execution of existing orders. The Indian unit of U.S.-based Honeywell International reported a profit of 1.37 billion rupees (around $16 million), compared to 1.03 billion rupees a year ago. Execution of legacy projects and stable costs helped boost earnings of Honeywell, analysts said. The company...
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