Goldman Sachs, Global financial power between influence and responsibility

Goldman Sachs is one of the world's leading financial institutions with a history of more than a century and a half.

Although Goldman Sachs is sometimes referred to as the "bank", it is not a traditional bank that provides individual banking services such as deposit and withdrawal of funds, but rather an investment institution that provides services including IPOs, M&A management, financial market trading and asset management

Goldman Sachs is one of the leading players in shaping global economic policies thanks to its extensive network of relationships with governments, central banks and major companies

She is also known for directing prominent leaders who have held high positions in international institutions and governments, such as Robert Robyn and Henry Paulson, who served as US Treasury Secretary, and Lloyd Blankfein, who is an influential figure in the financial world.

Despite this significant impact, Goldman Sachs was widely criticized, especially during the 2008 mortgage crisis, where it was charged with involvement in selling complex and high-risk financial products without adequate disclosure to customers.

It has also been involved in popular cases such as "Abacus", in which it has been accused of manipulating specific investors at the expense of others, notably that these cases prompted him to settle huge financial fines and affected his reputation for a long time.

In recent years, Goldman Sachs has moved towards developing its services through the adoption of technology, launching the "Marcus" platform that provides direct banking services to individuals

This transformation is part of its strategy to keep pace with rapid changes in the financial services sector and has announced huge plans to invest in sustainable and environmentally friendly projects, and has pledged to achieve carbon neutrality in its operations by 2030, reflecting its interest in environmental and social governance.

Despite the challenges and criticisms it has faced over the years, Goldman Sachs remains a strong financial institution that plays a pivotal role in the global economy. However, this great influence imposes on it moral and social obligations and responsibilities that are becoming increasingly important with today's economic and environmental challenges.