A review on Goldman Sachs

[Trump]

The Goldman Sachs Group, founded in 1869 by Marcus Goldman, is one of the world's leading global investment banking, securities and investment management company providing a wide range of financial services to corporations, financial institutions governments as well as individuals. Goldman Sachs offers services to its clients in the area of Investment Banking, Commercial Banking, Mutual Funds, Investment Management, Securities Underwriting and Prime Brokerage.
The Goldman Sachs Group has total assets in excess of $992 billion(USD) as at 2019 and net worth $64 billion(USD).

THE PROS
1. Highly reputable in financial services, having wielded a name for itself in the field of Investment Banking, Economic and Financial Services and Research.
2. Good employees' Pension Scheme for the large numbers of employees.
3. Good salaries and benefits which makes the employees happy and makes them put in their best at their jobs.
4. Advance technology systems available for operations.

THE CONS
1. Difficult to get a job at Goldman Sachs acceptance rate being just around 4%.
2. No ATM cards for clients.
3. No online banking facilities.
4. Limit on withdrawals placed at 6 withdrawals per statement period.

[Akhterp]

First Women Bank

First Women Bank Limited (FWBL) is a commercial bank located in Karachi, Pakistan chartered to meet the special needs of women.The Bank was set up in 1989 by the Prime Minister Benazir Bhutto. The Bank commenced its business on 2 December 1989 with a paid up capital of Rs. 100 Million.

History

The Government of Pakistan now owns majority shareholding (more than 80%) in the bank. The remaining shares are held by the five big commercial banks – National Bank of Pakistan, Habib Bank Limited, Muslim Commercial Bank Limited, United Bank Limited and Allied Bank Limited.

[billyboy00007]

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.

The company goes nuts about data privacy, security, blah blah. Cross team interactions are therefore not encouraged and may also be prohibited. If you have ever been part of the open-culture of a core tech company, you might find this suffocating to say the least.

Huge disparity in pays. My friend has painfully learnt that he is not earning as high as his peers even though he works at the same level. Company is not interested in taking efforts to bridge the pay-scale gap. So negotiate your offer well before taking up the job.

Managers may not be technically sound. You may end up spending hours deciding upon a solution, only to find your manager tweaking the problem statement later to only find your solution no more valid (this is not a GS specific issue!)

He was in a core Tech company before GS. But the nature of his work worries him if he can make a switch to a pure Tech company in the future. He claims his data structures, algo, programming skills are not being used the way he would have wanted (Can be a team-specific issue)!