Euromoney’s Post

Thanks to the Goldman Sachs 10KSB program, "Thank Goodness it's Friday" has taken on a whole new meaning for me. The majority of the 14-week program took place on Fridays from 7:30am to 5:30pm, dedicated entirely to working ON the business. Even though the program has ended, I’m continuing this approach. As business owners, it’s vital to spend time working on our business—focusing on strategy, goals, and long-term projects. If we only concentrate on daily operations, we can't grow beyond the day-to-day tasks. How do you create space and time to work ON the business? . . . #AmyLafko #goldmansachs10ksb #worklifebalance 

Goldman Sachs has reported an impressive 45% profit increase in Q3 2024, driven by a robust resurgence in investment banking activities with a notable 20% rise in fees. This profitability highlights a key trend: as economic confidence grows, so does corporate activity in deal-making, benefiting firms that maintain a strong focus in this sector. However, it's essential to note the decline in FICC trading revenues, prompting a re-evaluation of strategies in that area. As investment landscapes shift, how should financial institutions adapt their offerings to harness emerging opportunities while addressing underperforming sectors? What insights can we draw from Goldman Sachs' strategic pivots for our own organizations? #GoldmanSachs #Earnings

Morgan Stanley, founded in 1935 by Henry S. Morgan and Harold Stanley, quickly established itself as a major player in investment banking, particularly in underwriting and distributing securities. The firm achieved early success by securing a 24% market share in public offerings, including a landmark $100 million bond offering for U.S. Steel. Throughout the mid-20th century, Morgan Stanley expanded its services and geographic reach, participating in high-profile deals like IBM's IPO in 1956 and Sears' IPO in 1986. The 1997 merger with Dean Witter Discover & Co. combined Morgan Stanley's investment banking strength with Dean Witter's retail brokerage network, forming a global financial powerhouse. During the 2008 financial crisis, Morgan Stanley faced significant challenges but stabilized through a $9 billion investment from Mitsubishi UFJ Financial Group and by converting to a bank holding company, which allowed it to access federal bailout funds. Post-crisis, the firm diversified its business model, expanding its wealth management and asset management divisions. Acquiring Smith Barney from Citigroup in 2009 was a key step in becoming one of the largest wealth management firms globally. Strong leadership and a corporate culture emphasizing integrity, client service, and innovation have been central to Morgan Stanley's success In recent years, the firm has also focused on sustainability and inclusion, reinforcing its commitment to long-term growth and responsible business practices. #MorganStanley #Finance #InvestmentBanking #SuccessStory #GlobalFinance #Innovation #CorporateCulture #WealthManagement #FinancialServices #Resilience #Leadership #Sustainability #Inclusion #BusinessGrowth #StrategicExpansion

I am thrilled to announce that I have been selected from over 10,000 applicants to participate in 2024 Virtual Insight Series at Goldman Sachs! After the Market Madness, This would be my second venture with Goldman Sachs and I can't wait to go through it! Let's go :D #investmentbanking #goldmansachs #assetmanagement #networking #virtualinsightseries #finance #professionaldevelopment #investmentbanks #financialindustry

"If it was easy, it wouldn’t be so fun" - CLW 🙃 Twenty something years ago, I dove in headfirst, into an exciting and challenging career. Global trade was intimidating. It was - and still is - intense, driven by hard work, tight deadlines and old men. Make that a tech-startup serving global trade, and each of those descriptions are magnified further… I was young… an ambitious ingenue (in the film I’d like to be played by Amanda Seyfried), I was hard-headed and I was naive (thank god I was!). I thought that through sheer determination I could facilitate change and improve how people work. On day 1, I believed that. I knew it. And here on day 8000+, I still believe it. I’ve proved it. 💪🏻 I’ve played a role in moving trade from a floor to a screen. I’ve facilitated the earliest adoption of eBills of Lading, including electronic presentation under an LC, and bundled that along with eSDSs, eBDNs and eBarge Receipts. And nowadays, I focus my energy on email. YES, actually putting that data to WORK! My momma always says, 'never do things half assed.' And she also says, 'where there's a will, there's a way; and a smile saves the day.' I take that mentality into any situation... including tense, frustrated, change fatigued customer interactions. I've learned that the road to success has many bumps, but it's the song you sing as you go that sets the mood for that journey. This photo is from January 2004, and was taken following a full day workshop at Goldman Sachs London office, discussing digital trade. Look at us - tired, fed up; challenged but inspired. Look at those smiles.. we were just normal kids but we knew we were making a difference, and a year later, Goldman helped facilitate the ICE IPO. Change can be challenging, but the fact is - it happens.... so don't miss your chance to be a part of it. You, too, can make history! 🚀 #changemanagement #digitalisation #partnerships #globaltrade #shipping #bulktrade #commodities #digitisation #ai #eBDN #eBL #ipo #careers

We all know how tough it is to break into Goldman Sachs, right? 📉 Well, this year, their acceptance rate dropped even more—to just 0.8%. So, how do you stand out? It all comes down to having a clear, compelling story. 🙌 You’ve got to nail those "Tell me about yourself" and "Why investment banking?" questions. Your story should connect the dots—why you're passionate about finance and what makes you a great fit for the role. But don’t just memorize it! 🤖 You want to sound genuine, not like a robot. Need help perfecting your story? ⚡ Join the WSO Academy waitlist now—link in bio. #investmentbanking #wallstreet #financecareers

Goldman Sachs the last major Wall Street firm to shed the Partnership model. Was down the block working at 140 Broadway that day. Seemed to me like markets lost something unique. Their entrepreneurship culture changed. The partnership model historically encouraged a sense of ownership and accountability among employees, fostering a culture of entrepreneurship and long-term thinking. Ironic that a few years later came The Great Financial Crisis that almost put the World into Economic Depression. Books like Andrew Ross Sorkin's "Too Big To Fail," Charles Ellis's "The Partnership," on Goldman and Morgan Stanley's John Mack "Up Close & All In" offer valuable insights into the inner workings of these institutions before and during the crisis. Important to continue the debate on the loss of partnership/ownership incentives, the elevation of the CEO role and the impact on the broader economy. Now let's discuss Citadel!

'm loving the Goldman Sachs 10KSB program. Recently we explored the concept of business timelines, and one participant's perspective truly stood out. Instead of solely focusing on revenue milestones, she took a holistic approach to her business timeline—a journey that encompassed not just financial success, but also the number of team members, innovative ideas, and client relationships. What struck me most was her emphasis on the intangible aspects of business, such as company culture. She really explored how it feels to work in her business, recognizing that culture is a driving force behind success. By pinpointing moments where culture experienced a dip, she proactively addressed underlying issues, turning challenges into valuable learning opportunities. This approach highlights the importance of looking beyond the numbers and embracing a more comprehensive view of business growth. By integrating metrics that capture the essence of our organization's journey—beyond just revenue—we can cultivate a business that thrives on multiple levels. . . . #businessgrowth #lifeline #holisticapproach #companyculture #innovation #teamdevelopment #clientrelationships #businesssuccess #learningopportunities #reflection #peoplefirst

“When I think about how much has changed since then, what’s remarkable is how much has stayed constant: our core values, our #partnership ethos, and the caliber of our people.” David Solomon below. “I was honored to be one of the 14 women out of the total of 221 partners that participated in the IPO. This event changed my life and enabled me to dedicate the following 25 years to advancing gender, #equity and #inclusion.” Jacki Zehner comment on orig. post thread #InspiredByYou #OnRepeat #Impact “One Million Black Women, Goldman Sachs’ $10 billion investment commitment to help narrow #opportunity gaps in the lives of at least 1 million Black women by 2030. Key findings from the national survey include: ➡️61% of Black women view #entrepreneurship as an important pathway to #wealth creation (compared to 42% of U.S. adults). ➡️77% of Black women said they are more likely to start a #business if they had increased access to business loans, grants, lines of credit or seed #funding (58% of U.S. adults). ➡️71% of Black women said they are more likely to start a business if they had access to a business training course or accelerator program (43% of U.S. adults). ➡️71% of Black women said they are more likely to start a business if the process to obtain a business or trade license or permit was easier (49% of U.S. adults). ➡️67% of Black women said they are more likely to start a business with access to more #networking opportunities (43% of U.S. adults). ➡️63% of Black women think that the federal #government could do more to advance entrepreneurship opportunities. ➡️32% percent of Black women intending to vote in the 2024 Presidential election remain undecided or don’t know which candidate they will vote for, emphasizing their focus on issues like the #economy, tax #policy and affordable #housing.” #data source: https://lnkd.in/en4ENnWD “Despite its pledges to diversify its #management ranks, Goldman Sachs has never had a female chair, CEO, president or CFO.” Beth Kowitt in this post on Beth Hammack: https://lnkd.in/e6Mx5VVJ “Relationships. Close. Gaps. Building a strong network of business relationships with other women AND with the men who can be allies…can help ambitious women close the gap between where they are in their #careers and where they want to be.” Shelly Lombard in this post: https://lnkd.in/eTqstAMy #talent is an asset class. Why are we failing at #investing in it? We don’t need more of the same. Let’s #InvestDifferent! #leadership #banking #philanthropy #venturecapital #assetmanagement #boardsofdirectors #jobs #hiring #education #money #cultureofmoney

🚨 Evercore and J.P. Morgan rank 1st and 2nd in the Top 10 Global M&A Financial Advisors for Deals Announced in January 2024, according to LSEG. 🎓 Dominating the rankings, Evercore, JP Morgan, and Qatalyst Partners showcase unparalleled advisory services, steering high-profile transactions and defining the M&A landscape. 🌍 Notably, the list includes prestigious names like Morgan Stanley, Goldman Sachs, and Wells Fargo, highlighting a dynamic mix of traditional powerhouses and specialized boutiques. Krugman Insights prides itself in providing Comprehensive and Reliable Analysis across Investment Banking and M&A. ✅ FULL ARTICLE HERE: https://lnkd.in/eb5_z832 ✅ TRY 1 MONTH FREE HERE: https://lnkd.in/eBHYx37M #MandARankings #FinancialAdvisory #Evercore #JPMorgan #KrugmanInsights #InvestmentBanking #BusinessStrategy #GlobalMarkets #goldmansachs #morganstanley