Goldman will soon crown its next generation of managing directors. Here's an inside look at the promotions process.
It's promotion season on Wall Street, and Goldman Sachs is set to kick it off. Around 600 people—roughly 1% of staff— were promoted to managing director in the last promotion cycle. The class will offer a glimpse of Goldman's next generation of leaders and its hottest businesses. On Wall Street, promotion season can be as nerve-racking as it is rewarding, and nowhere more so than at Goldman Sachs. Goldman is set to kick off the process sometime in early November, marking the beginning of a wave of ...