Goldman to Name Fewest New Partners in 20 Years, WSJ Reports

  • Promotions expected for fewer than 65, newspaper reports
  • Class would be smallest since 1998, when firm was private
Goldman to Name Fewest New Partners Since 1998: WSJ
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Goldman Sachs Group Inc. is likely to announce this week that fewer than 65 people will be named partners, the Wall Street Journal said, citing unidentified people familiar with the matter.

The class of new partners would be the smallest since 1998, when Goldman Sachs was a private company, and fewer than the 84 promoted two years ago, the Journal said. A representative for the bank declined to comment on the report.