Goldman Sachs Promotes 638 Execs, Highest Since 2021

Goldman Sachs boosts morale with record-breaking promotions, elevating 638 executives to managing director. The banks strong performance in M&A and fee volumes contributes to this positive trend. However, the percentage of women promoted decreases slightly. Vincent Lin, co-head of prime insights and analytics, is among the promoted, emphasizing the teams global expansion plans. Wall Street anticipates another year of rising bonuses due to increased deal volumes and market volatility.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.