All articles tagged with #managing directors
Citi plans to raise its investment-banking managing-director headcount by about 15% to widen coverage and boost productivity, part of a push to hire top talent from more than 20 rivals and sustain growth through a 'serial winning mindset' and AI-enabled tools; the bank has already added roughly 60 MD hires since last year, while expanding AI initiatives in wealth management and continuing its transformation program.
Goldman Sachs promoted 638 employees to managing director, about 5% more than in 2023, with over 70% from revenue-generating divisions, reflecting a strong year for dealmaking and trading. The new class includes 27% women, with diversity statistics also provided, and the promotions are part of Goldman Sachs' biennial leadership advancement process.
Goldman Sachs has announced that 608 individuals across 44 offices have been invited to become managing directors as of January 1, 2024. The Managing Director Class of 2023 represents a group of individuals who have made significant contributions to the firm and its business, embodying the company's culture of collaboration, innovation, and excellence. The promotions reflect Goldman Sachs' focus on advancing strategic objectives and investing in its global footprint while upholding core values of partnership, client service, integrity, and excellence.