{ "docId": "019dd923-5e88-73ef-bd59-e554727c032d", "docSlug": "4c5f1d6f702f7476", "documentTitle": "one goldman sachs", "authorId": "GoldmanSachs", "authorName": "Goldman Sachs", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "equity_research", "sourceTypeLabel": "Equity research", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.773, "pageNumber": 11, "pageCount": 124, "prevPage": 10, "nextPage": 12, "slideType": "appendix_methodology", "function": "summarize", "density": "dense", "nDataPoints": 0, "notes": "The slide explains the rationale behind segment classification and entity designation for regulatory resolution planning.", "elementsJson": [ "paragraph", "footnote" ], "metadataConfidence": 0.95, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd59-e554727c032d/11", "deckHref": "/decks/019dd923-5e88-73ef-bd59-e554727c032d", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd59-e554727c032d.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd59-e554727c032d#slide-11", "components": [ { "bbox": { "h": 0.05, "w": 0.78, "x": 0.11, "y": 0.24 }, "kind": "paragraph", "text": "The Asset & Wealth Management business segment has been newly designated as a core business line for the 2023 Plan, reflecting the increasing strategic importance of these businesses to the firm.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1193c832-6f47-46ce-888b-865bb5618063", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.78, "x": 0.11, "y": 0.43 }, "kind": "paragraph", "text": "As a result of our analysis, we concluded that we have nine material operating entities and nine material service entities; in addition, our “covered company” is the parent company of the firm, Group Inc.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "61115e9c-b3ff-4a1b-b08e-d9bad464b9d8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.78, "x": 0.11, "y": 0.35 }, "kind": "paragraph", "text": "After we had identified our core business lines, we performed an analysis to identify the operating and service entities that are significant to the maintenance of such activities and should therefore be designated as either material operating entities or material service entities.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7e245e98-b543-4567-b382-ceadde0e18bc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.78, "x": 0.11, "y": 0.5 }, "kind": "paragraph", "text": "The designation of Asset & Wealth Management as a core business line has not resulted in the identification of any additional material entities because the vast majority of this segment's activities are conducted through existing material entities.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8067018b-c700-4d98-885b-e6d59b6b6ab7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.78, "x": 0.11, "y": 0.11 }, "kind": "paragraph", "text": "As a result of this analysis, we concluded that our core business lines are Global Banking & Markets and Asset & Wealth Management, which correspond to two of the three business segments under which we report our activities.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "bf516a37-02de-4b64-bac3-3fb3cb8975fd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.6, "x": 0.11, "y": 0.9 }, "kind": "source-note", "text": "Full details of the realignment of our business segments can be found in the January 12, 2023 form 8-K", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "325a2762-3113-4802-94a5-dc290d824e05", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.4, "x": 0.08, "y": 0.05 }, "kind": "title", "text": "2023 Resolution Plan", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "40fe8c46-e979-40e6-b75b-6eaf85ac95f8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.15, "x": 0.11, "y": 0.31 }, "kind": "title", "text": "Material Entities", "attrs": null, "subkind": "subtitle", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5c4cf16f-db67-44a1-8a8d-e041ec8ec6ae", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 124, "from": 8, "beatId": "d68786b1-3dab-4ad0-b5b0-04ed44c1c6d3", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The document contains extensive data tables, appendix data, and methodology explanations.", "position": 1, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [ { "to": 124, "from": 6, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "d24b5f0d-d542-4d18-a73f-65d59f4261ed", "evidence": "The document provides a detailed explanation of the plan and supporting data.", "position": 0, "objective": "To demonstrate the effectiveness of Goldman Sachs' resolution plan.", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }