Founded in 1869, Goldman Sachs Group is the oldest and largest investment bank in the world, headquartered in new york, with branches in Tokyo, London and Hongkong, and 4 1 office in 23 countries. All its operations are based on close integration, and experts provide excellent services to customers. It also has rich regional market knowledge and international operation ability.
With the bankruptcy of Lehman Brothers, only Goldman Sachs and Morgan Stanley are left among the top five investment banks in the United States, and the financial crisis has a tendency to spread further in the United States. Worried about getting out of the financial crisis, people have speculated: Will the last remaining investment banks be the top five?
Analysts said that Morgan Stanley may have been acquired, but the most likely acquirer is Barclays PLC and other large foreign banks, not American commercial banks. They think that no big bank in the United States has the ability to buy Morgan Stanley. Wells Fargo (Ampco.) and USB (USB) may be able to acquire an investment bank, but neither company seems to have any intention of making such a large-scale transaction. Barclays may be interested in acquiring many foreign companies of Morgan Stanley. Nancy Bush, a banking analyst at NAB Research, said that Morgan Stanley and Goldman Sachs may also merge, leaving only one large investment bank on Wall Street.
First of all, investment banks provide a wide range of investment banking services for various enterprises, financial institutions, governments and individuals. Second, trading and direct investment.
On the one hand, it helps customers (including enterprises, financial institutions, governments and individuals) to conduct transactions; on the other hand, it realizes self-financing of transactions by making market, trading and investing in fixed income and equity products, foreign exchange, bulk commodities and derivative products. In addition, we also participate in the franchising activities of stock and option exchanges and market makers, and conduct major global stock, option and futures clearing transactions for customers. For our commercial banks and other investment activities, we not only invest directly, but also recruit and manage funds through us.
Third, asset management and securities services provide investment consulting and financial planning services to various institutions and individuals around the world, and provide investment products of all major asset classes (mainly through separately managed accounts and compliance tools, such as mutual funds and private investment funds). We also provide bulk brokerage services, financing and margin services to global mutual funds, pension funds, hedge funds, foundations and high-net-worth individuals.
Fourth, invest in holding shares in many large enterprises such as Goldman Sachs, China Petrochemical, COFCO and Yu Jinlong, and hold shares in China Mobile to launch a financial crisis and subvert the largest city in China to support their decline-the rise of the United States.