Goldman Sachs partnered with PGA Tour golfer Patrick Cantlay to help increase its brand awareness for its new Marcus by Goldman Sachs mobile banking app.

Patrick Cantlay Goldman Sachs | Patrick Cantlay.

Goldman in 2020 agreed to settle with the DoJ for $2.9 billion and its Malaysian unit pleaded guilty to a corruption charge. Tim Leissner, a former Goldman partner, pleaded guilty in 2018 to conspiring to launder money and violate an anti-bribery law, and agreed to cooperate with prosecutors.

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By contributing our people, capital and ideas, we pursue sponsorships that encourage growth, innovation and economic progress.

Top Brands Sponsoring Golf - As of May 2022

• Rolex is the top sponsor for golf, with a total of 14 sponsorship deals.
• Acushnet company; FootJoy; Titleist became the second-largest sponsor for golf, with 13 sponsorship deals.
• Nike and Callaway also have significant sponsorships in golf.

One of Wall Street's biggest banks plans to lay off up to 3,200 employees this week, as it faces a challenging economy, a downturn in investment banking, and struggles in retail banking. It is one of the biggest rounds of layoffs at Goldman since the 2008 Global Financial Crisis.

Goldman has also been accused of an assortment of other misdeeds, including a general decline in ethical standards, working with dictatorial regimes, cozy relationships with the US federal government via a "revolving door" of former employees, insider trading by some of its traders, and driving up prices of commodities ...

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Having said, 'no more Hugo Boss' in the presser, the American also added that he is doing 'great' without the sponsors. It is pertinent to note that Cantlay's split with the sponsors has been linked to rumors of him joining LIV Golf. However, according to the golfer, he is simply 'looking' for new sponsors.

Goldman Sachs Client Types and Minimum Account Sizes A program account requires a minimum balance of $100,000, while a minimum fixed income strategy has a minimum account value of $250,000. Other account values can range from $500,000 to $2.5 million, depending on the manager.

Among investment banks, Goldman Sachs picked undergraduates most heavily from nearby New York University. Goldman Sachs prefers Ivy League schools, with Cornell, Harvard, and Columbia ranking third through fifth among employees with bachelor's degrees.