Goldman Sachs promoted 80 bankers into its partnership on Wednesday, its biggest class of new partners since 2018
Goldman Sachs is undertaking a restructuring, part of a yearslong effort to bulk up businesses.Nov. 9, 2022 1:19 pm ET
Goldman Sachs Group Inc. promoted 80 bankers into its partnership on Wednesday, the biggest class since Chief Executive David Solomon took over in 2018. Top brass in recent years had come to view the partnership as less prestigious than it once was, and Mr. Solomon has been trying to restore its allure, in part by promoting fewer people. Goldman promoted 60 new partners in 2020 and 69 in 2018. Both times, it marked the smallest class in two decades.
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