Goldman Sachs Group, Inc. Profile
The Goldman Sachs Group, Inc. (GS.xnys) is an American multinational investment bank and financial services company headquartered in New York, the United States. It provides investment management as well as securities, asset management, prime brokerage, and securities underwriting services to retail and institutional customers. Goldman Sachs employs approximately 40.500 people with offices in 60 cities in the United States, Europe, Asia, and the Middle East. The Goldman Sachs Group has $2.1T (USD) under management, its market cap is $130.57B (USD) as of October 2021, with a revenue of $44.6B (USD) in 2020 yearly revenue. According to the Standard and Poor’s Intelligence Report, Goldman Sachs is the seventeenth-largest bank by total assets globally. The American bank has been involved in numerous financial scandals and has also contributed to the 2007 subprime mortgage crisis by selling subprime, mortgage-backed securities and crediting New Century, which was the second-biggest subprime lender in the United States until it went bankrupt in 2007. Goldman Sachs Group, Inc. stock (GS.xnys) is traded on the New York Stock Exchange (NYSE), as a Dow Jones Industrial Average Index (DJIA) component, a Standard & Poor’s 100 (S&P-100) and Standard & Poor’s 500 (S&P-500) constituent. Goldman Sachs reported 2021 second-quarter earnings per common share of $15.02 (USD) and announced an increase in the quarterly dividend to $2.00 (USD) per common share on September 29th 2021. Goldman Sachs Group Inc. (GS.xnys) opened its new Hyderabad office and announced the redemption of floating-rate notes due August 23, 2022.
October 2021, 29th:
Goldman Sachs Group Inc. (GS.xnys) opened its new Hyderabad office in southern India.
Goldman Sachs Group Inc. stock (GS.xnys) trading hours with FP Markets / 16:30 - 23:00
Goldman Sachs Group Inc. (GS.xnys): Trade a Contract for Difference (CFD) on GS.xnys and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.
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