GOLDMAN SACHS GROUP INC

Goldman Sachs is a leading global financial institution that provides a wide range of financial services to corporations, financial institutions, governments, and individuals. The company aims to advance sustainable economic growth and financial opportunity, utilizing its "One Goldman Sachs" initiative to deliver services and expertise across its businesses and product areas. The Goldman Sachs Group, Inc. is a Delaware corporation and a bank holding company (BHC) and financial holding company (FHC) regulated by the Board of Governors of the Federal Reserve System (FRB). Its U.S. depository institution subsidiary, Goldman Sachs Bank USA (GS Bank USA), is a New York State-chartered bank. Goldman Sachs manages its operations through three business segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The Global Banking & Markets segment earns revenue from investment banking fees, including advisory, equity, and debt underwriting fees. It also generates revenue from Fixed Income, Currency and Commodities (FICC) intermediation and financing activities, Equities intermediation and financing activities, relationship lending, acquisition financing (and related hedges), investing activities related to its Global Banking & Markets operations, and transaction banking. The Asset & Wealth Management segment generates revenue from management and other fees, incentive fees, private banking and lending, and investments.