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  "documentTitle": "2022 strategic update presentation",
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  "notes": "This slide serves as a disclosure or context-setting page regarding GS Bank's operations and regulatory standing.",
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      "text": "Asset growth: 12%",
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      "text": "GS Bank accepts deposits from (i) Private Wealth Management (PWM) clients, (ii) individual clients through the Marcus by Goldman Sachs® online U.S. consumer deposit business, (iii) individual clients through a savings account for Apple Card users, (iv) deposit sweep programs and (v) corporate clients. Deposit products include non-maturity and term deposit accounts and certificates of deposit.",
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      "text": "Our consumer platforms business provides point-of-sale lending through merchant partners (“GreenSky”). We also raise deposits and have issued unsecured loans to consumers through Marcus by Goldman Sachs. Marcus is in the process of winding down its offering of online consumer personal loan products in 2023 and GS Bank has announced that it is initiating a process to explore the sale of GreenSky.",
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      "text": "GS Bank enters into interest rate, credit, currency, commodity and equity derivatives transactions, as well as transactions in certain related products, for the purpose of market making and risk management.",
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      "text": "While primarily a lender to institutional and corporate clients, GS Bank offers some retail and consumer loan products. GS Bank offers credit card loans to consumers through third parties including Apple and General Motors; as of December 31, 2022, these loans were $15.8bn, accounting for 3% of GS Bank balance sheet. Additionally, GS Bank has small business lending programs with third-party partners; as of December 31, 2022, balances accounted for less than 0.1% of GS Bank balance sheet.",
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      "text": "GS Bank offers home mortgages as an accommodation to existing clients (e.g., PWM) and Goldman Sachs employees accounting for less than 2% of the GS Bank balance sheet as of December 31, 2022. GS Bank offers structured lending and commercial loans to PWM clients as well as securities-based lines of credit to PWM clients and clients of third-party broker-dealers and Registered Investment Advisors through Goldman Sachs Private Bank Select.®",
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      "text": "GS Bank is committed to supporting communities and has a demonstrated track record of fulfilling both the letter and spirit of its CRA/NYCRA obligations. Evaluated as a wholesale bank in five CRA/NYCRA exams between 2010 and 2021, Goldman Sachs consistently received positive feedback and favorable recognition for innovation, complexity and a high level of responsiveness to communities.",
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      "text": "Loans to institutions compose most of GS Bank’s lending activity and include term loans, lines of credit, bridge loans, warehouse loans and other collateralized and uncollateralized loans to corporate clients. Additionally, GS Bank’s Transaction Banking business provides cash management, deposit-taking and payment services for corporate clients.",
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      "text": "Additional information on GS Bank’s products and business activities is contained in Confidential Appendix B.",
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