Goldman Sachs Stocks Price Today (GS)
2022.12.29 11:55
Goldman Sachs is a multinational investment bank and financial services provider based in the United States. Goldman Sachs was founded in 1869. It has regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas, and Salt Lake City, as well as additional offices in other international financial centers. Its headquarters are located at 200 West Street in Lower Manhattan.
Goldman Sachs ranks 57th on the Fortune 500 list of the largest corporations in the United States by total revenue, making it the second largest investment bank in the world by revenue. The Financial Stability Board considers it a systemically significant financial institution.
The company has been criticized for working with dictatorial regimes, for having close relationships with the U.S. federal government through a “revolving door” of former employees, for driving up commodity prices through futures speculation, and for not upholding ethical standards.
Despite the fact that the company was included on the Fortune list of the 100 Best Companies to Work For because of its high pay, it has also been criticized by its employees for things like 100-hour work weeks, high levels of employee dissatisfaction among first-year analysts, abusive treatment from superiors, a lack of resources for mental health, and extremely high levels of stress in the workplace that cause physical discomfort.
When startups launch their initial public offerings, the business often receives additional business because it invests in and arranges financing for them. The initial public offerings of Robinhood Markets, Twitter, and Bumble are among the notable ones for which Goldman Sachs served as the primary bookrunner. Spotify, Foodpanda, Dropbox, and other startups have received funding from the company or its funds. It is a World Economic Forum partner organization.
