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Saturday, 6th June 2026
Goldman Sachs Bank Europe SE - Dublin Branch
On the 18th January 2013 Goldman Sachs Bank (Europe) plc voluntarily revoked its Irish banking licence. It held the licence since 2007. Subsequently the company's name was changed to Goldman Sachs Ireland Finance plc and then to Goldman Sachs Ireland Finance.
The bank was involved in international banking activities through the provision of commercial banking products to the Goldman Sachs Group, Inc.'s broad customer base, providing advice to and trading with that customer base and transacting in the wholesale financial markets. It was also involved in deposit taking activities, loan origination, secondary dealing in bank loans, derivative trading, investment banking advisory services and private wealth management advisory services. It also provided hedge fund administration services prior to the sale of Goldman Sachs Administration Services to State Street in July 2012. The Irish operations operated under the bank's London-based unit, Goldman Sachs Group Holdings (U.K.) Limited. It now carries out banking business in Ireland through the Dublin branch of Goldman Sachs Bank Europe SE, its EU banking entity which is based in Germany. Other Goldman Sachs Irish entities include Goldman Sachs Asset Management Fund Services Limited, its Irish SuperManco and the principal distributor of Goldman Sachs Asset Management's European domiciled funds.
Goldman Sachs was founded in 1869 by Marcus Goldman. His son-in-law Samuel Sachs joined in 1882. The institution grew rapidly fuelled by its pioneering use of commercial paper. In the 1890s, Goldman Sachs joined the New York Stock Exchange. Its capital at the time stood at c.1.6 million dollars. The institution entered initial public offering in 1906, taking Sears, Roebuck and Company public. The middle of the twentieth century saw Goldman Sachs struggle to determine whether it should focus on securities trading, a position supported by securities trader Gus Levy, or investment banking, something longtime senior partner Sidney Weinberg pushed for. An investment banking division was ultimately formed in 1956.
The late twentieth century proved to be particularly successful for Goldman Sachs. In 1970, Goldman Sach’s first international office opened in London. In 1981, it acquired J. Aron & Company, a commodities trading firm. Five years later, it formed Goldman Sachs Asset Management, which today manages the majority of its hedge funds. It was during the same period that it underwrote the initial public offering of Microsoft, as well as Yahoo, and advised General Electric on crucial acquisitions. Goldman Sachs then joined the London and Tokyo stock exchanges and later became the first bank to distribute its research on investment in an electronic format. Goldman Sachs is the first American bank in history to rank in the top 10 of M&A in the United Kingdom. It then turned its focus on trading business lines globally, opening an office in Beijing and distributing billions of dollars to bail out bonds around the world.
In the 2000s, Goldman Sachs was a newly public company, becoming one by way of an initial public offering. Goldman was one of the lead managers for the first internet bond offering for the World Bank. A number of significant acquisitions were made both in that decade and in the 2010s, such as that of Spear, Lead & Kelloggs (2000), The Ayco Company L.P. (2003), Alliance Atlantis (2007), Boyd Corporation (2018) and United Capital Financial Advisors, LLC (2019).
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