Dozens of senior bankers have been lost at Goldman Sachs, with reshuffles and investment deals dragging.
Still leading in both mergers and acquisitions despite the losses, Goldman Sachs has seen a higher rate of departures than usual this year, according to new reporting from Reuters.
Leadership changes have included new co-heads and management committee members, with the expectation of low bonuses or being passed over for promotions being cited as some of the reasons for reshuffles.
Those who jumped ship this year have headed to rivals of the bank, including JPMorgan Chase, Wells Fargo and Citigroup, and new partners for Goldman Sachs will be announced in 2026.
Last year, 95 new partners were appointed at the bank, coming into effect at the start of 2025.
"We always look to run our firm in service of our clients and shareholders," a bank spokesperson said in a statement. “Goldman Sachs succeeds because of our exceptional teams and strength of our franchise.”
