Goldman Sachs Promotes Hundreds of Employees

by Hugh Collins on Nov.19, 2010, under Towing

Goldman Sachs Group (GS) promoted a record number of employees to the position of managing director, giving them more money and prestige as the bank rebounds from the financial crisis.

The bank raised 321 people to the status of MD, up from 272 last year, Bloomberg News reported. Earlier this week, the company selected 110 people to become partners, giving them access to a special compensation…

Continue reading Goldman Sachs Promotes Hundreds of Employees

Goldman Sachs Promotes Hundreds of Employees originally appeared on DailyFinance on Fri, 19 Nov 2010 06:53:00.

Filed Under: Company News, People, Goldman Sachs , Credit