Goldman Sachs Group Inc. promoted seven partners to its management committee, in a move that expands its top decision-making group to 46 people and shakes up its wealth-management business.
The promotions include James Reynolds and Vivek Bantwal, who are global co-heads of private credit within Goldman Sachs Asset Management, according to a memo seen by Bloomberg News.
John Mallory and Nishi Somaiya will also join the committee and become global co-heads of the wealth management unit at the bank. In their new roles, they replace Tucker York, who was named chair of global wealth management and remains on ...