Goldman Sachs Reportedly to Name Less Than 60 New Partners in 2020


A report said Goldman Sachs Group  (GS) – Get Report will name fewer new partners this year than any time since the investment bank went public in 1999.

Goldman shares recently traded at $205.37, up 1.77%, and have slumped 10% year to date. The stock has risen 10% since Sept. 23.

After earning the reputation as perhaps the strongest financial institution in the nation, Goldman has stumbled since the financial crisis of 2008. It has been done in by a difficult environment for banks and by its own missteps.

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