Goldman Sachs promotes 109 bankers to partner ranks but omits demographic data
GS•Goldman Sachs promoted 109 bankers to partner, its largest class since 2010 and up from 95 in 2024, but did not provide a demographic breakdown.
1. Largest class since 2010
The appointments take effect on Jan. 1, and 85% of the new partners work in revenue-producing divisions covering global banking and markets, asset management, and wealth management. The class will join a partnership of about 500 members, including the firm's top leaders.
2. Demographic details omitted
A Goldman executive cited changes in the legal environment for not providing a demographic breakdown, while saying the firm still considers workforce diversity critical to its commercial success. In 2024, 26 women, or 27% of that class, were promoted, along with 6% Hispanic and 4% Black executives. An executive said more than 100 members of the new class will be female.
