Goldman Sachs Group INC: management transactions · United States · SEC (Form 4)

About Goldman Sachs Group INC

Goldman Sachs Group Inc. (ticker: GS) is a major investment bank and global financial services company listed on the NYSE in the United States. Founded in 1869 and headquartered in New York, the firm operates through a broad international network of offices across the world’s major financial centers. For French-speaking investors, Goldman Sachs remains one of the most recognizable names in global finance, combining a long-established advisory franchise with strong capital markets capabilities and an increasingly important asset- and wealth-management platform. ([goldmansachs.com](https://www.goldmansachs.com/pressroom/press-releases/2026/goldman-sachs-announces-agreement-to-transition-apple-card-program-to-chase)) The company’s business model is now centered on two core pillars: Global Banking & Markets (GBM) and Asset & Wealth Management (AWM). GBM covers mergers and acquisitions advisory, financing, FICC trading, and equities. In its latest annual report, Goldman Sachs said it retained the #1 global M&A advisor position for the 23rd consecutive year, underscoring the strength of its brand, client relationships, and execution capabilities among large corporates and financial institutions. AWM includes asset management, investment solutions, private wealth services, and strategies spanning both public and private markets. ([goldmansachs.com](https://www.goldmansachs.com/investor-relations/financials/current/annual-reports/2025-annual-report)) On the product side, Goldman Sachs offers advisory, underwriting, trading, structured finance, asset management, alternatives, private wealth, and ETF capabilities. A notable recent development was the acquisition of Innovator Capital Management, a specialist in defined-outcome ETFs, which expands Goldman Sachs Asset Management’s lineup and strengthens its position in the fast-growing active ETF market. At the same time, the firm announced that the Apple Card program would transition to Chase, signaling a continued narrowing of its consumer-banking ambitions and a sharper focus on core institutional and wealth-management franchises. ([goldmansachs.com](https://www.goldmansachs.com/pressroom/press-releases/2026/goldman-sachs-completes-acquisition-of-innovator-capital-management)) From a competitive standpoint, Goldman Sachs stands out for its deep expertise, global reach, and diversified client base spanning corporations, governments, financial institutions, and individuals. The firm is also pushing a major internal transformation through “One Goldman Sachs 3.0,” an AI-led operating model designed to improve productivity, agility, and operational efficiency across key workflows. For 2025, Goldman Sachs reported net revenues of $58.28 billion, net income of $17.18 billion, and return on average common equity of 15.0%, reflecting resilient profitability in a volatile market environment. ([goldmansachs.com](https://www.goldmansachs.com/investor-relations/financials/current/annual-reports/2025-annual-report)) Recent strategic updates matter as well: Goldman Sachs closed the Innovator acquisition in April 2026 and continued to reshape its platform mix around higher-growth, fee-based businesses. For investors, the equity story remains that of a premium global financial franchise with strong cyclicality in capital markets, but increasingly supported by asset management, wealth management, and alternatives. ([goldmansachs.com](https://www.goldmansachs.com/pressroom/press-releases/2026/goldman-sachs-completes-acquisition-of-innovator-capital-management))