Goldman Sachs About the global top ten investment banks (1) - Goldman Sachs I. Introduction Goldman Sachs is a global integrated investment banking services, investment, financing, mergers and acquisitions, stock and bond research in the field are a world leader. Group was founded in 1869 and headquartered in New York, in London, Tokyo and Hong Kong were regional headquarters and 19 countries around the world in 41 cities with branches or offices. The current group of professionals with more than 10,000 from more than 90 countries and regions. Group has a complete management system and risk control measures, supplemented by high-tech information systems, distributed at any time provide quality services to customers around the world. Global integration of the research work for the customer&#39;s financial financing decision to provide strong theoretical and practical basis; marketing and trading division to provide customers anywhere, anytime stocks, bonds, foreign exchange and commodities invest ment opportunities; Investment Banking, financing and mergers and acquisitions, real estate and other advisory services. Financial technology, innovation financing, investment and risk management provides an unprecedented opportunity. 2. Organizational structure and management system Goldman Sachs had been the last remaining Wall Street investment bank, a private partnership. Goldman Sachs on May 3, 1999 the successful listing of the world&#39;s largest investment banks in market value. Henry Paulson, chairman and CEO. The 16- member management committee is the Group&#39;s highest decision making body. Group consists of eight business units, namely the Ministry of equity, bonds, forex, investment research, Asset Management, Investment Banking, Investments, Legal and Internal Supervision, operational, technical and financial department. Goldman Sachs&#39;s business management to the collective leadership qualities known. Has two main departments will co- head of management to ensure the scientific nature of decision- making. Customer service, the Group has adopted both regional and sector management approach, the international capital markets with a common mechanism for the specific circumstances around the combine. 3. The main lines of business (A) of the investment banking business Planning, implementation of various financing transactions; to corporate restructuring and mergers and acquisitions advisory; for governments on the privatization of key industries and providing strategic advice demutualization. (B) investment in securities underwriting business A variety of effective ways for customers in the international capital markets, securities financing; help customers achieve the desired return on investment; use of various derivative instruments to help clients achieve sub-objective of risk hedging. (C) asset management Design and management of various securities for clients and mutual fund portfolio. (D) Direct investment Use its own funds and the control group fund, selected industries have the potential to make a strategic investment. 4. The international financial market and the strength of U.S. global investment banking at Goldman Sachs Zai occupies an important position, for countries to governments, enterprises, institutions and individuals to provide high quality of financial and Zhanluezixun Fu Wu. In all major areas of financial services, Goldman Sachs are among the best. &quot;Fortune&quot; magazine&#39;s top 500 largest enterprises in the U.S. Goldman Sachs more than 300 long-term customers. Since 1991, U.S. companies such as Goldman Sachs, the World Bank, Asian Development Bank and other international institutions 14 13 46 distribution work undertaken. In recent years, Goldman Sachs completed the following transactions: 1. As a global contact coordinator, assumed the China Telecom (Hong Kong) 42 billion IPO. This is the largest amount in Asia stock issue, but also the global telecommunications industry, one of 10 stock issues. 2. Co-Chairman, Hutchison Whampoa of Hong Kong underwriters a 20 billion global debt. This was the biggest outside the United States corporate debt issued and fully demonstrates the international investor confidence in the future of Hong Kong. 3. United Republic of Venezuela, the main underwriters of the convertible bonds Brady 4 billion U.S. dollars in the sale. This is the largest ever amount of bond issuance in Latin America. 4. Served as financial advisor to National Bank of the United States to complete the hair of Knight banks totaled 14.6 billion U.S. dollars in the acquisition. This is by far the largest ever banking merger, the merged bank became the third largest commercial bank. In addition, DaimlerBenz / Chrysler or Exxon / Mobil merger, the largest industrial merger. 5. As the German telecommunications company listed on the value of 13 billion U.S. dollars joint global coordinators, as NTT DoCoMo mobile phone company&#39;s 18.3 billion U.S. dollars of the Joint Global Co-listed, its worst record issuance of stock items. 6. For the British oil companies 20 billion share placement, setting a record of exclusive individual allotment. 7. For the privatization of the South African telecommunications company as a consultant, this is the continent&#39;s biggest privatization of a state-owned trading. 8. Exclusive main underwriters of the Lockheed Martin Corporation 3.5 billion bond sale, which is the largest single U.S. investment in corporate bonds issued. 5. Business development in China Goldman Sachs has been to Asia and China as a global development strategy, an important component. As early as 1983 opened an office in Hong Kong, as the understanding of China&#39;s reform and opening up an important window. Hong Kong office in 1989 and upgraded to a branch office in 1992, then upgraded to the Asia-Pacific regional headquarters. Goldman Sachs in 1994 in Beijing and Shanghai have set up a representative office. Unit in helping the Chinese use of the international debt market, Goldman Sachs have also been efforts. The inaugural issue in 1993 into the U.S. bond market, China International Trust and Investment Corporation successfully issued 250 million U.S. dollars Yankee bonds, the rating adviser and lead underwriter is Goldman Sachs. Goldman Sachs also served as the Ministry of Finance and Shanghai International Trust and Investment Corporation of credit rating adviser. Successful in the end of 1998 for The People&#39;s Republic of China billions of dollars in global debt issuance, as the Asian financial crisis first. Particularly noteworthy is the success of Goldman Sachs in 1997 as China Telecom and China Southern Airlines completed its IPO listing. Release date is still two red chips and H shares of the largest. In 1999, Goldman Sachs successfully for another one of China&#39;s leading power companies, Shandong International Power Development Co., Ltd. completed its initial public listing of H shares. Goldman Sachs in China, except in the traditional investment ba nking business, is also actively engaged in direct investment. It uses the Group&#39;s own funds and various affiliated funds, investment potential in the domestic large-scale industrial and real estate projects, as in China, one of the largest foreign financial investors. Investment projects, including China Ping An Insurance, China Southern Airlines, Lear Corporation of China, Guangxi Yulin Diesel Engine Factory, China Resources Beijing Land, Shanghai Central Plaza, Sina, Alibaba. Com and other high-tech companies. ?