In September 2021, Goldman Sachs announced to acquire GreenSky for about $2.24 billion and completed the acquisition in March 2022. In March 2022, Goldman Sachs announced it was winding down its business in Russia in compliance with regulatory and licensing requirements. Also during that same month, Goldman Sachs announced it had acquired the Chicago-based open-architecture digital retirement advice provider, NextCapital Group. In June 2022, Goldman Sachs offered its first ever derivatives product linked to Ether (ETH). Goldman Sachs was announced as an official partner of McLaren. In September 2022, Goldman Sachs announced the layoff of hundreds of employees across the company, apparently as a result of the earnings report from July the same year that showed significantly reduced earnings. Services offered Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, asset management and investment management, and prime brokerage. It is a market maker and brokers credit products, mortgage-backed securities, insurance-linked securities, securities, currencies, commodities, equities, equity derivatives, structured products, options, and futures contracts. It is a primary dealer in the United States Treasury security market. It provides clearing and custodian bank services. It provides wealth management services via Goldman Sachs Personal Financial Management. It operates private-equity funds, credit and real estate funds, and hedge funds. It structures complex and tailor-made financial products. It also owns Goldman Sachs Bank USA, a direct bank. It trades both on behalf of its clients (flow trading) and for its own account (proprietary trading). Philanthropy According to its website, Goldman Sachs has committed in excess of $1.8 billion to philanthropic initiatives. Goldman Sachs reports its environmental and social performance in an annual report on Corporate social responsibility that follows the Global Reporting Initiative protocol. The company offers a donor advised fund (DAF) called Goldman Sachs Gives that donates to charitable organizations with an employee donation match of up to $20,000. A 2019 investigation by Sludge of DAFs and hate groups found that Goldman Sachs's donor advised fund had not been used to fund any SPLC hate groups, but that the fund did not have any explicit policy preventing such donations. Controversies and legal issues Role in the financial crisis of 2007-2008 Goldman has been criticized in the aftermath of the financial crisis of 2007–2008, where some alleged that it misled its investors and profited from the collapse of the mortgage market. This situation brought investigations from the United