Goldman Sachs announced a number of promotions in its global banking and markets division, signaling the rise of a next generation of leadership.The announcements were made as part of a series of internal memos today that were reviewed by The Wall Street Journal.

Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

Goldman Sachs is tapping several executives to lead its prized Wall Street businesses, it said on Tuesday, as part of a management reshuffle less than a week after reporting its biggest quarterly profit in more than three years.

Goldman Sachs is tapping a slew of executives to lead its most important Wall Street businesses, it said on Tuesday. The move marks an attempt to enhance the bank's leadership, and comes days after it reported its biggest quarterly profit in more than three years.

Goldman Sachs Group Inc. is promoting a slate of star executives to run its biggest Wall Street business lines, spotlighting the firm’s next generation of leadership.