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Goldman Sachs gives £1m to Oxford college

UK arm of the bank's charitable organisation donated £16m to good causes last year, with Oxford's Exeter College and Cancer Research among the biggest beneficiaries

The UK arm of Goldman Sachs’s charitable organisation continued a trend of generosity towards Oxford University in 2013, giving over £1 million to support scholarships to the university.

Oxford's Exeter College was given the whole £1.1 million donation, the vast majority of which will be used to provide needs based scholarships to the college. In previous years the bank has donated to Oxford's Christ Church and Balliol colleges.

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