When we asked for submissions for this year's Best Investment Bank, one of the things we requested were testimonials from key clients. These were to be kept anonymous, but let us quote what one major Asian client said at the conclusion of its letter to us Goldman Sachs has fully demonstrated that the excellent quality of its execution skills and strong commitment to clients has solidified its leadership position in Asia, and it has brought our relationship to another level.
How does Goldman measure its own success It does so through the repeat business it does for such key clients. After all, clients will not use you again if you do a bad job....