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Goldman Sachs slashes number of partners

The Guardian - 5 Nov 2012 22:22
Goldman Sachs slashes number of partners Some Goldman Sachs partners appear to have chosen to drop coveted status to retain jobs amid cost-cutting drive Goldman Sachs has dropped 33 partners since it last disclosed the number of elite bankers at the firm, according to regulatory filings. Being a Goldman partner is one of the most coveted positions on Wall Street, unlocking access to a lucrative compensation scheme on top of the prestige the title holds. The bank's partners own more than 11% of shares between them, valued at more than $...
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