Goldman Sachs is a leading global investment banking, securities and investment management firm founded in 1869. It provides services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs operates in about 25 countries and has its main headquarters in New York. It has four core business segments: investment banking, trading and principal investments, asset management, and securities services.

1. Goldman Sach 3/20/2010 Sunil K.Sahni 1 “Goal is to assist clients with the tools and services needed to decrease administrative burdens of managing money to allow them to focus on increasing trading performance, building their business and attracting new sources of capital – Mission Statement”

3. Worldwide offices

6. operates in about 25 different countries and the United States.

7. Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services.

9. Resource Allocation 3/20/2010 Sunil K.Sahni 6

10. About Goldman Sach 3/20/2010 Sunil K.Sahni 7 Over 50 Offices Worldwide Tokyo New York Hong Kong London

12. Approx 5000 employees in Europe ( 600 in Technology)

13. Approx $2,000 mn annual technology spend3/20/2010 Sunil K.Sahni 8

14. 3/20/2010 Sunil K.Sahni 9 What is Goldman Sach business? Investment Banking Investment Management Global Investment Research Equities Merchant Banking Technology Fixed Income, Currency and Commodities Human Capital Management Operations & Finance

16. Organizes transactions for corporations, financial institutions, and governments

17. -mergers, acquisitions, divestitures, the issuance of equity or debt capital, or a combination of these

18. Global relationships combined with its understanding of local economies, industries and cultures help to assist with elite advice and service consistently

19. Trading Division

20. Trading and Principal Investment

21. speeds up customer transactions and takes aptness positions through market making, trading of fixed income and equity products, currencies, commodities and swaps and other derivatives

22. The Trading and Principal Investments activities:

24. Deals with the investment necessities of institutions, governments and government agencies globally

25. A strong understanding in local economies, industries and cultures facilitates a global relationship which assists in assuring customers of their wants; being access to investment opportunities, consistent, risk-adjusted performance, and solid and consistent returns

26. Resources and Relationship and In-Depth Research

27. Resources and Relationships have offices in the United States, London and Tokyo where they offer access to portfolio management teams on-site and globally

29. Securities services include Global Securities Services which is a group pertaining to Prime Brokerage, Securities Lending, Futures Services and Financing Services with a varying and global client base

30. Securities services include Global Securities Services which is a group pertaining to Prime Brokerage, Securities Lending, Futures Services and Financing Services with a varying and global client base. Goldman Sachs also offers a Prime Brokerage product

32. Division which primarily delivers favorable returns compared to the market

33. Goldman Sachs client base looks to risk management to create performance dependable with their forbearance to risk

34. The company provides clients with mutual funds and asset management products in addition to specialized services for their institutional investors

36. Cogentrix Energy

37. GS Capital Partners

38. Goldman Sachs (Asia) Finance

39. Goldman Sachs (Japan) Ltd.

40. Goldman Sachs Canada Inc.

41. Goldman Sachs Foreign Exchange (Singapore) Pte.

42. Goldman Sachs (UK) L.L.C

43. Goldman Sachs Bank USA

44. Goldman Sachs Foreign Exchange (Singapore) Pte.

45. Goldman Sachs L.L.C

46. GS Equity Markets, L.P.

47. GS European Performance Fund Limited

48. GSCP (DEL) Inc.

49. GSGF Investments Inc.

50. The Goldman Sachs Group, Inc.

51. The Hull Group, L.L.C

52. Sargasso Limited

54. investment management

55. investment banking and brokerage

56. Major reporting segments:

57. provides different services to clients

58. serve the purpose of bringing savers and borrowers together

59. By pooling the savings of individuals, they increase liquidity, improve diversification, and reduce transaction costs for investors

60. national full-line firms

61. large investment banks

62. regionals

63. New York City based brokers

65. Global investment banks

66. Goldman Sachs

67. Citigroup

68. Morgan Stanley

69. JPMorgan Chase

70. Merrill Lynch

71. Europe’s Credit Suisse

72. UBS AG

74. Regulatory Issues

76. Security

77. Speed of Information

78. Time to Market

80. 3/20/2010 Sunil K.Sahni 19 External Analysis The Investment Services Industry

82. Merrill Lynch

83. Global Markets & Investment Banking

84. Global Wealth Management

85. Morgan Stanley

86. Institutional Securities

87. Global Wealth Management Group

88. Asset Management

91. Employee’s are given control over goal setting.

93. Minimum chain of command

94. Efficiency is key

95. Decentralized

97. Fiduciary responsibility

98. Creativity and Imagination

99. Ability to avoid pitfalls others could not because employee’s are challenged to “think out side of the box.”

100. Integrity and Honesty

102. Presented By Sunil Kumar Sahni (MBA 2009-2010) 3/20/2010 Sunil K.Sahni 27