On January 21 (Reuters) - Goldman Sachs announced the appointment of several executives to lead its key Wall Street divisions, following recent financial reporting. These changes come as the investment bank gears up for increased deal-making in 2025, due to a resilient economy and anticipated business-friendly policies in the Trump administration.
According to Goldman CEO David Solomon, the appointed leaders exemplify the institution's commitment to excellence, client service, and teamwork. Solomon recently confirmed his leadership for another five years.
Matt McClure, Anthony Gutman, and Kim Posnett have been named global co-heads of investment banking. Jason Brauth, Kunal Shah, and Anshul Sehgal will serve as global co-heads of fixed income, currency, and commodities, while Dmitri Potishko, Cyril Goddeeris, and Erdit Hoxha are appointed as global co-heads of equities. All new appointees will join the bank's management committee.
Goldman's recent strategic focus on its Wall Street operations follows substantial losses from a failed venture into consumer banking. Analysts predict a strong 2025 for the company and its industry peers, with Solomon anticipating robust deal-making activities in equities and mergers and acquisitions, potentially surpassing long-term averages.
These are the profiles of the new executives assuming leadership roles: