Goldman Sachs Group will tap the smallest number of
executives in more than a decade to join its highly coveted partnership ranks,
showing that the securities firm is paring down all the way to the top
according to the WSJ report..
The New York company is expected to announce this week the
promotion of about 70 employees to partner, said people familiar with the
situation. The likely total is roughly one-third smaller than the 110 employees
named partner by Goldman in 2010.
People involved in the process say this year's crop of
partners probably will be the smallest since before Goldman went public in
1999. The title is one of the most sought-after on Wall Street, with Goldman
picking new partners every two years on even-numbered years…
No comments:
Post a Comment