Quote Originally Posted by 401don View Post
2nd largest in the mid-west with all of 30-50 employees. I wonder how big the 3rd largest is?
Goldman Sachs is a large-scale investment bank, not a regular commercial bank. Their branch offices are essentially customer support and sales offices. If AAM wants to drop $100 million to buy a controlling interest in Flex-n-gate, they go through Goldman Sachs.

At the branch offices they aren't managing portfolios or setting up complex investment instruments, that's done at the main office. Also, with a regular commercial bank, you need floors of regulatory experts making sure you are following local banking laws. That doesn't apply to investment banks.