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Goldman Picks New Leaders for Wall Street Engines in Major Revamp
Posted
January 21, 2025
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January 21, 2025
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3:39Now PlayingGoldman Sachs Group Inc. is promoting a slate of star executives to run its biggest Wall Street business lines, spotlighting the firm’s next generation of leadership.
The bank, which just reported a surge in profit, is tapping new global leaders for its equities, fixed-income and banking units, according to people with knowledge of the matter, who asked not to be named discussing personnel decisions. It is also naming new co-heads of the international unit and dramatically expanding the management committee.
Erdit Hoxha, Cyril Goddeeris and Dmitri Potishko will oversee equities; Kunal Shah, Anshul Sehgal and Jason Brauth are set to run fixed income; and Kim Posnett, Matt McClure and Anthony Gutman will lead banking.
Shah and Gutman are becoming co-chief executive officers of Goldman Sachs International in addition to their new roles. Richard Gnodde, 64, will step down from running the international business, and is becoming vice chairman of Goldman Sachs.
Bloomberg Finance Reporter Todd Gillespie discusses Goldman Sachs' push to promote a slate of executives to run its biggest Wall Street business lines. He speaks with Bloomberg's Alix Steel and Paul Sweeney on Bloomberg Radio.
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