From version < 7.1 >
edited by Asif Farooqui
on 2023/03/26 23:46
To version < 8.1
edited by Asif Farooqui
on 2023/03/28 11:49
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7 7  * The Goldman Sachs Group, Inc. is a leading global financial institution.
8 8  * Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
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11 11  [[image:GS0.png||height="344" width="718"]]
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22 22  Net revenues were $47.37 billion for 2022, 20% lower than a strong 2021. Provision for credit losses was $2.72 billion for 2022, compared with $357 million for 2021. Operating expenses were $31.16 billion for 2022, 2% lower than 2021.
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25 -During 2022, the company returned a total of $6.70 billion to shareholders, including common stock repurchases of $3.50 billion and common stock dividends of $3.20 billion. As of December 2022, its CET1 capital ratio was 15.1% under the Standardized Capital Rules and 14.4% under the Advanced Capital Rules. See Note 20 to the consolidated financial statements for further information about its capital ratios.
24 +During 2022, the company returned a total of $6.70 billion to shareholders, including common stock repurchases of $3.50 billion and common stock dividends of $3.20 billion. As of December 2022, its CET1 capital ratio was 15.1% under the Standardized Capital Rules and 14.4% under the Advanced Capital Rules
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