This acquisition highlights Goldman Sachs' strategy of expanding our electronic market-making capabilities.
As a public company, Goldman Sachs will have the financial strength and strategic flexibility to continue to serve our clients effectively as well as to respond thoughtfully to the business and competitive environment over the long term.
Investment banks are increasingly using their own balance sheets to extend credit to clients, to assume market risk on their behalf and sometimes to co-invest alongside them. Investment banking serves as the main initial point of contact with all of Goldman Sachs for our clients.
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