Goldman Sachs Bank AG

Goldman Sachs Bank offers a wide range of retail and corporate banking products and services to individuals and institutional clients.

Bank Category
Foreign-controlled banks

Goldman Sachs Bank AG is the 136th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 822,40 mln CHF, providing the bank with the market share of 0.03%. Goldman Sachs Bank AG is the 41st largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.33% amongst the banks of this category.

Rank in Switzerland
136th largest bank

Total Assets (2016)
822.40 mln CHF  (+27.56%)
Number of Employees (2016)
80  (-16.67%)

Goldman Sachs Bank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Goldman Sachs Bank AG is headquartered in Zürich.

Address
Claridenstrasse 22, 8022, Zürich, Switzerland
Phone
044 224 10 00
Fax
044 224 10 50
BIC (SWIFT)
GOLDCHZZXXX
Company Number
CHE-107.405.918
Founded
1992

Financial Positions

Total Assets (2016)
822.40 mln CHF  (+27.56%)
Assets Under Management (2016)
12 234.30 mln CHF  (+9.34%)

In 2016 total assets of Goldman Sachs Bank AG were 822.40 mln CHF. Growth compared to the previous period (2015) was 27.56%. The evolution of the total assets of Goldman Sachs Bank AG is shown at Chart 1 below.

Total Assets of Goldman Sachs Bank AG.

Chart 1. Total Assets of Goldman Sachs Bank AG.

In 2016 assets under management of Goldman Sachs Bank AG were 12 234.30 mln CHF. Growth compared to the previous period (2015) was 9.34%. The evolution of the assets under management of Goldman Sachs Bank AG is shown at Chart 2 below.

Assets Under Management of Goldman Sachs Bank AG.

Chart 2. Assets Under Management of Goldman Sachs Bank AG.

Profit and Loss

Gross Profit (2016)
20.10 mln CHF  (-38.72%)
Annual Profit (2016)
15.60 mln CHF  (-40.23%)

In 2016 gross profit of Goldman Sachs Bank AG was 20.10 mln CHF. Decline compared to the previous period (2015) was -38.72%. The evolution of the gross profit of Goldman Sachs Bank AG is shown at Chart 3 below.

Gross Profit of Goldman Sachs Bank AG.

Chart 3. Gross Profit of Goldman Sachs Bank AG.

Recent changes in gross profit of Goldman Sachs Bank AG and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 9.0 3.9 -56.67%
Net Commission Income 69.1 57.1 -17.37%
Net Income from Trading Operations 1.5 3.2 +113.33%
Net Income from Banking Operations 82.2 66.1 -19.59%
Gross Profit 32.8 20.1 -38.72%
Table 1. Recent changes in gross profit of Goldman Sachs Bank AG (mln CHF).

In 2016 annual profit of Goldman Sachs Bank AG was 15.60 mln CHF. Decline compared to the previous period (2015) was -40.23%. The evolution of the annual profit of Goldman Sachs Bank AG is shown at Chart 4 below.

Annual Profit of Goldman Sachs Bank AG.

Chart 4. Annual Profit of Goldman Sachs Bank AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
136th (market share 0.03%)

In 2016 Goldman Sachs Bank AG was the 136th largest bank in Switzerland in terms of total assets, having 0.03% of market share.

Market share of Goldman Sachs Bank AG

Chart 5. Market share of Goldman Sachs Bank AG

Several banks with market shares closest to Goldman Sachs Bank AG are shown below.

RankNameTotal AssetsMarket Share
135 Ersparniskasse Schaffhausen AG833.05 mln CHF0.03%
136 Goldman Sachs Bank AG822.40 mln CHF0.03%
137Lienhardt & Partner Privatbank Zürich AG811.95 mln CHF0.03%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Goldman Sachs Bank AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Goldman Sachs Bank AG and its components are shown in the table below.

BIC  GOLDCHZZXXX
Bank BIC Code  GOLD
Country Code  CH (Switzerland)
Location Code  ZZ
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-107.405.918

European Presence: 6 banks in 4 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

France

Germany

Switzerland

  •  (this bank) Goldman Sachs Bank AG (Zürich)

United Kingdom