Description: (American Investment Banker & Co-Founder of 'Goldman Sachs')
Samuel Sachs, a prominent American investment banker, co-founded Goldman Sachs with Marcus Goldman. He revolutionized merchant banking by pioneering the underwriting of initial public offerings for major companies, enabling them to raise substantial funds through stock sales. His innovative financing approach transformed the financial landscape, establishing Goldman Sachs as a leading investment bank. Sachs' contributions continue to influence modern banking practices, making a lasting impact on the world of finance.