Culture

The Goldman Sachs culture values teamwork, client service and giving back to the communities we serve. It has been described as the foundation of the firm’s success.

+ Themes Culture

Goldman Sachs Expands its Footprint in Emerging Markets

The firm opens offices in several emerging markets in the 1990s, mirroring the expansion and integration of global financial markets.

Globalization , Culture

Goldman Sachs Deepens and Expands Initiatives to Foster Greater Diversity and Inclusion

In 2019, Goldman Sachs expands hiring targets aimed at increasing the diversity profile of its people, recognizing the many benefits of a more inclusive workplace.

Culture

Goldman Sachs Gives Epitomizes Culture of Giving Back

In 2007, Goldman Sachs launches a donor advised fund, Goldman Sachs Gives, to which partners recommend nonprofit organizations to receive grants.

Service , Culture

Second European Office Opens in Zurich

The firm opens an office in Zurich in 1974, its second in Europe.

Globalization , Culture

New Bengaluru Campus Becomes Firm’s Third-Largest Office

A model of sustainability, the Bengaluru campus features clean energy sources and outdoor parkland.

Globalization , Culture

Pine Street Created to Foster Development of Exceptional Leaders

Following Goldman Sachs’ initial public offering in 1999, the firm launches Pine Street, an innovative leadership development initiative that demonstrates the firm’s commitment to its history and to ensuring that its culture of leadership excellence remains a competitive advantage.

Culture

First Onsite Child Care Center Opens at Goldman Sachs’ New York Headquarters

In 1993, Goldman Sachs opens its first onsite child care center at the company’s New York headquarters, providing crucial support for working parents.

Culture

Goldman Sachs Opens Frankfurt Office

Goldman Sachs opens a Frankfurt office in 1990, strengthening its commitment to Germany and Europe.

Globalization , Culture

New Partners Reflect the Firm’s Evolving Partnership

Among the new partners named in 1986 are Jeanette Loeb, the firm’s first woman partner; Garland Wood, the firm’s first black partner, and Fischer Black, a pioneer in quantitative risk management.

Culture

1994: NAFTA Goes into Effect, Nelson Mandela Assumes South African Presidency, “Chunnel” Opens and General Motors tops Fortune 500

As Goldman Sachs reaches the 125-year milestone in 1994, the firm is a truly global enterprise, with 34 offices and a team of 9,000 around the world providing a wide range of services within and across borders.

Globalization , Culture

Goldman Sachs Foundation Invests in Global Education and Entrepreneurship

In 1999, the firm establishes the Goldman Sachs Foundation, a global philanthropic organization aimed at improving the academic performance and lifelong productivity of young people worldwide. Over time, its focus is refined to target local economic growth and opportunity through investing in entrepreneurship globally.

Service , Culture

Reinforcing its Commitment to Europe, Goldman Sachs Opens Paris Office

In 1987, Goldman Sachs begins operations in Paris, its third office in Europe.

Globalization , Culture

Goldman Sachs Establishes Asia Presence with Tokyo Office

Expanding its global footprint, the firm opens an office in Tokyo, Japan in 1974, its first in Asia.

Globalization , Culture

Goldman Sachs is One of the “100 Best Companies to Work For” in the United States

Goldman Sachs is named to Fortune’s list of “100 Best Companies to Work For” in 1998, the ranking’s inaugural year in the magazine.

Culture

Plumtree Court Combines Design, Functionality and Sustainability in New European Headquarters

In 2019, Goldman Sachs prepares to take occupancy of Plumtree Court. The firm’s new European headquarters brings three London offices together under one roof, with a focus on creating a space that fosters productivity and connectivity and achieving a BREEAM rating of Excellent for its sustainability.

Globalization , Culture

10,000 Small Businesses Fuels Innovation and Productivity Gains in the United Kingdom

Goldman Sachs launches 10,000 Small Businesses UK in 2010, seeking to boost lagging productivity by energizing small business growth and creating jobs in the United Kingdom.

Service , Culture

Updated Business Principles Codify the Firm’s Commitment to Diversity

On October 16, 2001, the firm announces that it has expanded its seventh Business Principle to underscore the importance of building, supporting and leveraging a diverse and inclusive workforce at Goldman Sachs.

Culture

Expanding its Commitment to China, Goldman Sachs Opens Offices in Beijing and Shanghai

In early 1994, Goldman Sachs opens its first office in China. Officially opened in February, the firm’s Beijing office marks the beginning of a permanent presence in mainland China. In November, the firm opens a second office, in Shanghai.

Globalization , Culture

Goldman Sachs Introduces 14 Business Principles That Define the Firm

In 1979, John Whitehead commits to paper a set of 14 Business Principles that define Goldman Sachs and what it stands for.

Culture

Stonewall Riots, Man On The Moon, Woodstock, And The Rise of Block Trading

A century after its founding, Goldman Sachs enjoys a strong presence in block trading, corporate financing, security arbitrage, trading and underwriting of federal agencies securities, and municipal finance.

Globalization , Culture

Former Prime Minister Margaret Thatcher Inaugurates Goldman Sachs’ New European Headquarters

In 1991, Goldman Sachs brings its London-based staff under a single roof in a new office building on Fleet Street in London that incorporates functional, collaborative work spaces and the latest technology. Peterborough Court will serve as the firm’s European headquarters for nearly three decades.

Globalization , Culture

Goldman Sachs Signs Amicus Brief Supporting Marriage Equality

In 2013, Goldman Sachs joins other business leaders and advocates in signing a friend of the court brief supporting marriage equality.

Leadership , Culture

1944: D-Day, the Bretton Woods Conference, and the Dawn of the IMF and the World Bank

Goldman Sachs turns 75 in 1944 as World War II continues to engulf much of the globe and world leaders convene to plan for post-war governance, economic reconstruction, and financial stability.

Globalization , Culture

Looking to Expand in Asia, Goldman Sachs Establishes Hong Kong Presence

Goldman Sachs opens an office in Hong Kong in 1983, recognizing the role of the port territory as a vital financial bridge for the entire Asian region.

Globalization , Culture

1919: Treaty of Versailles, the First Trans-Atlantic Flight, and Rotary Dial Telephones

Goldman Sachs turns 50 in 1919, the year the Treaty of Versailles is signed ending World War I and the world sees the first nonstop trans-Atlantic flight.

Globalization , Culture

With 10,000 Small Businesses, Goldman Sachs Helps to Fuel the Engines of Job Creation and Spark Innovation

Goldman Sachs announces a US$500 million initiative in 2009 to help small businesses create jobs and drive economic growth through greater access to education, financial capital and business support services.

Service , Culture

1894: Coca-Cola, the International Olympic Committee, and the “Velocipede”

Goldman Sachs turns 25 during the US economic recession of the mid-1890s.

Globalization , Culture

New Global Headquarters Opens at 85 Broad Street

In 1983, Goldman Sachs opens its newly constructed headquarters building at 85 Broad Street in New York City’s financial district.

Culture

Sidney Weinberg Helps Set the Standard for Corporate Directorship in the 20th Century

In 1949, Sidney Weinberg gives a speech on the responsibilities of corporate directors before the Harvard Business School Club in Cleveland. His model for corporate directorship will be widely cited and emulated for decades.

Leadership , Culture

Pursuing Opportunity, Goldman Sachs Establishes Boston and Chicago Offices

Goldman Sachs opens offices in Boston and Chicago in 1900, thus becoming a national company.

Globalization , Culture

Goldman Sachs Takes First Step to Becoming a Global Firm with London Office

In 1970, Goldman Sachs opens its first international office on Goldsmith Street in London.

Globalization , Culture

Goldman Sachs Plans First Headquarters for Site of Marcus Goldman’s Original Office

In 1929, Goldman Sachs announces it will build a new 20-story headquarters at 30 Pine Street, the first-ever construction project by the firm.

Culture

Goldman Sachs Launches Community TeamWorks, Its Signature Volunteer Program

Community TeamWorks, the firm’s flagship volunteering initiative, is launched in 1997. The program gives employees a day off from work to participate in team-based projects with nonprofit organizations in the community.

Service , Culture

In a Paradigm Shift, Goldman Sachs Decides to Go Public

After decades of impassioned debate, the partners of Goldman Sachs vote in 1998 to take the firm public the following year. The firm is among the last large financial institutions to do so.

Culture , Clients

Landmark Partnership Preserves Pristine Wilderness in Tierra del Fuego

In 2004, the firm entered into a landmark public-private partnership with the Wildlife Conservation Society to establish the Karukinka Natural Park on the island of Tierra del Fuego, Chile.

Service , Culture

Embracing Past and Future, Goldman Sachs Breaks Ground on its Global Headquarters in Manhattan

On November 29, 2005, Goldman Sachs breaks ground for its new, state-of-the-art headquarters at 200 West Street, consolidating all of the firm’s New York City people in one building and once again demonstrating its commitment to Lower Manhattan.

Culture

New Program Harnesses the Power of Education for Women Entrepreneurs Around the World

Goldman Sachs launches 10,000 Women in 2008, a program dedicated to providing women in underserved communities around the world with a business and management education.

Service , Culture

Analyst Impact Fund Taps Junior Talent's Competitive Spirit to Generate Grants for Nonprofits

Goldman Sachs launches the Analyst Impact Fund in 2016, providing a creative, collaborative opportunity for the firm’s junior talent to compete with their peers for grants to benefit the nonprofit organizations of their choice.

Service , Culture