Samuel Sachs

Samuel Sachs (1851–1935) was a German-American investment banker who joined his father-in-law Marcus Goldman in building Goldman Sachs, later becoming a senior partner.

Marcus Goldman: Marcus Goldman was a German-American businessman who founded the firm that became Goldman Sachs. Sachs became Goldman’s partner in the business that carried both their names.
Goldman Sachs: Goldman Sachs is a global investment bank and financial-services company founded in New York in 1869. Sachs helped develop the partnership whose name and business became this company.
Goldman Sachs history: Goldman Sachs history traces the firm’s development from a commercial-paper partnership into a global financial institution. Samuel’s partnership years mark the firm’s founding and early expansion.
Goldman Sachs IPO: Goldman Sachs’s 1999 initial public offering converted the long-standing private partnership into a publicly traded corporation. The IPO ended the private ownership model under which Sachs had helped establish the firm.
Paul Sachs: Paul Sachs was an American investment banker and art collector who led Goldman Sachs after joining the family firm. Samuel’s son carried the Sachs family’s role into the firm’s next generation.
Commercial paper: Commercial paper is an unsecured, short-term debt instrument issued by companies to meet immediate financing needs. Trading commercial paper was the business through which Goldman and Sachs built their firm.
Securities underwriting: Securities underwriting is the process by which financial institutions help issuers sell stocks or bonds to investors. The firm’s expansion into underwriting broadened the business Sachs helped build.
J. P. Morgan: J. P. Morgan was an American financier who led a powerful banking firm and shaped U.S. finance in the late nineteenth and early twentieth centuries. Morgan represents the era’s rival model of concentrated financial power and banking leadership.
Goldman family: The Goldman family is an American business family associated with the founding and leadership of Goldman Sachs. The firm’s Goldman name and founding history originate in Samuel’s partnership with Marcus.
Initial public offering: An initial public offering is a company’s first sale of shares to public investors. Goldman Sachs became known for underwriting stock offerings after its early commercial-paper trade.

Linked from 2 pages