The Goldman Sachs Group, Inc. is the US SEC registrant whose 2025 Form 10-K and June 2026 Form 10-Q present consolidated activity. The group reported US$58.283 billion net revenues for 2025 and US$20.338 billion for Q2 2026, the quarter ended 30 June. These amounts include subsidiaries and cannot be attributed to Goldman Sachs International, International Bank or Group UK Limited alone.
The Goldman Sachs Group, Inc. (US consolidated SEC registrant); Goldman Sachs Group UK Limited (UK company 08657873); Goldman Sachs International (UK company 02263951, PRA-designated investment firm); Goldman Sachs International Bank (UK company 01122503, PRA-listed UK bank). London 2027 intern employer and vacancy status unverified from eligible evidence.
13 sourced findings across the business, its work and the recruiting evidence.
Each finding has its own source and scope. A group-level statement may not describe a particular office or role. Openings and deadlines may have changed since this 2026-09-25 snapshot; check the employer’s current careers site.
What the company does
2 findingsGoldman Sachs Group UK Limited is UK company 08657873 and is the active person with significant control recorded for Goldman Sachs International, company 02263951. Goldman Sachs International Bank is a different UK company, 01122503. The Bank of England lists International Bank as a UK bank (FRN 124659) and International as a PRA-designated investment firm (FRN 142888); those legal and regulatory identities are distinct from the US reporting group.
Teams and structure
2 findingsGoldman's consolidated reporting separates Global Banking & Markets, Asset & Wealth Management and Platform Solutions. In Q2 2026 those units reported US$15.520 billion, US$4.597 billion and US$221 million net revenues, respectively. This is a group segment map; it does not establish a London internship division, desk or legal employer.
Within Global Banking & Markets, the issuer reports advisory, equity and debt underwriting, FICC intermediation and financing, and Equities intermediation and financing as distinct revenue activities. Asset & Wealth Management separately reports management fees, private banking and lending, and investments. These product lines are useful team context, without proof of their staffing or a specific UK internship route.
What distinguishes its approach
1 findingThe available filings show a broad banking, markets and asset-management mix and meaningful EMEA activity: Q2 2026 EMEA net revenues were US$4.502 billion, 22% of the firm's US$20.338 billion global total, while period-end assets under supervision were US$4.041 trillion. This indicates geographic and product breadth in the group accounts; it is not a peer ranking or a UK-subsidiary revenue measure.
The work
2 findingsThe group books distinct advisory, equity-underwriting and debt-underwriting revenues, reflecting those active banking products; Q2 2026 values were US$1.378 billion, US$985 million and US$1.032 billion. The captured filing does not describe an analyst's transaction tasks, so modelling, pitchbooks, or London deal assignments cannot be inferred from these line items.
Goldman's reported markets activities include FICC and Equities intermediation and financing. The Q2 2026 Form 10-Q also carries fair-value categories for interest rates, credit, currencies, commodities and equities, and records credit-default swaps among written credit derivatives. This supports broad product exposure and risk measurement at group level, without establishing a particular trading desk or intern assignment.
Direction and developments
3 findingsGlobal Banking & Markets Q2 2026 net revenues were US$15.520 billion versus US$10.133 billion a year earlier. The same issuer table shows Equities up from US$4.301 billion to US$7.416 billion and investment-banking fees up from US$2.191 billion to US$3.395 billion. This is a quarterly performance change, not an assured continuation or UK-entity result.
Group Asset & Wealth Management net revenues reached US$4.597 billion in Q2 2026 versus US$3.831 billion in Q2 2025. Period-end assets under supervision were US$4.041 trillion, compared with US$3.650 trillion at March 2026 and US$3.293 trillion at June 2025. These are group-wide balance and revenue trends, not UK fund assets or an internship assignment.
Platform Solutions Q2 2026 net revenues were US$221 million versus US$619 million in Q2 2025. This records a sharp reported reduction in that segment's revenue but does not, on its own, establish the reason, any UK operational change, or a revised internship intake.
Risks and constraints
2 findingsThe group stated after the 2026 US CCAR that its stress capital buffer would remain 3.4% through 30 September 2027 and its standardized CET1 requirement 11.4%. The Q2 2026 SEC exhibit reports a 12.9% standardized CET1 ratio and 4.3% supplementary leverage ratio at June 2026. These US group measures should not be used as Goldman Sachs International or International Bank UK prudential ratios.
The consolidated June 2026 balance sheet reports US$789.083 billion trading assets, US$260.888 billion net loans and US$557.955 billion deposits, alongside a US$102 million Q2 provision for credit losses. These figures show material market, lending and funding balances that the group manages; they are not direct estimates of loss, nor UK-entity balances.
Recruiting evidence
1 findingThe eligible Q2 2026 SEC exhibit reports 46,200 group employees at period-end, compared with 47,000 at March 2026 and 45,900 at June 2025. This is only company-wide staffing context. The eligible SEC, PRA and Companies House captures do not verify any 2027 London Summer Analyst vacancy, division, eligibility rule, application window, form access or employing entity.
Evidence gaps
- businessGoldman Sachs Group UK Limited's Companies House history lists 2025 full accounts filed 6 July 2026, but the underlying PDF is not an eligible pinned capture. No separate current UK company revenue or balance-sheet figures can be extracted from the saved registry index or assigned from US consolidated statements.
- teamsThe SEC segment tables distinguish businesses but do not describe a 2027 London team, office-specific desk, rotation, manager or intern employer. Goldman-hosted career material is excluded from model input.
- differentiatorsGroup revenue mix, EMEA share and assets under supervision demonstrate reported breadth but do not establish independent peer rank, client outcome or London intern access. The saved 10-K extractor omitted much of its narrative business discussion.
- workThe eligible captures document revenue products and financial instrument categories, not analyst duties, transaction mandates, code projects or completed London intern work. No Goldman-hosted work pages may be used under the source exclusion.
- directionThe pinned SEC text supports dated performance and assets-under-supervision trends but not management's detailed causal account or One Goldman Sachs 3.0 workstreams; the separate SEC presentation seed was not captured as an eligible current source. Do not infer forward UK hiring or strategy from quarterly tables.
- risksCCAR and SEC capital ratios have a US consolidated perimeter. The PRA list confirms distinct UK authorisation classes but supplies no current Goldman Sachs International or International Bank risk, liquidity or capital figures. The 10-K/10-Q extractor omitted most narrative risk sections.
- recruitingNo model-eligible saved source establishes the exact 2027 London Summer Analyst programme, requisition, division, opening/closing date, applicant criteria, sponsorship, live application form or contractual employer. Goldman-hosted and higher.gs.com captures are excluded from model input by the site's source-level restriction; registry and SEC records do not fill this vacancy gap.
Questions to verify
- Can a permitted employer-authorised or alternative primary source establish an exact 2027 London requisition, application dates and eligible division?
- Which UK legal entity would contract with any London intern?
- Can the 2025 UK entity accounts and current UK Pillar 3 disclosures be captured from an eligible external registry or regulator source?
- Can SEC-hosted narrative presentations be extracted and pinned to explain the group's strategy without using Goldman-hosted site text?