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Samuel Sachs (/ z ɑː k s /; July 28, 1851 – March 2, 1935) was an American investment banker. He is most known for co-founding Goldman Sachs along with Marcus Goldman. [2] He is noted for changing the nature of merchant banking by underwriting of the flotation of many major companies through the use of these sales to raise funds. [3]
In 1910, Walter Sachs becomes a partner of the firm founded by his grandfather Marcus Goldman, where he works alongside his father and brothers. Walter Edward Sachs was born in New York City in 1884, the third son of Samuel Sachs and a grandson of Marcus Goldman.
The Goldman–Sachs family is a family of Ashkenazi Jewish descent known for the leading investment bank Goldman Sachs. Marcus Goldman, while attending classes at the synagogue in Würzburg, met Joseph Sachs, who would become his lifelong friend. [1]
Exchange in 1896, Goldman Sachs was a leader in commercial paper sales. As the firm’s clients grew in number, it opened offices in Boston and Chicago (1900), San Francisco (1918), and Philadelphia and St. Louis (1920), becoming a national firm.
Thirteen years after beginning operations, Marcus Goldman invited his son-in-law Samuel Sachs to the business. Born in 1851 in Maryland, Samuel Sachs had begun working at 15 as a bookkeeper and went on to run a small boards, glass, and mirrors business.
The son of Samuel Sachs, a founder of the Wall Street firm Goldman, Sachs & Co., the 5-ft.-tall connoisseur started his career as a banker and wore a pearl stickpin. But his purchases...
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May 4, 2017 · Goldman's son-in-law, Samuel Sachs, joined the business in 1882. The firm expanded into a general partnership in 1885 as Goldman, Sachs & Co. when Goldman's son Henry and son-in-law Ludwig Dreyfus joined the group.
