Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,

(Reuters) - 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 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.

Goldman Sachs has offered CEO David Solomon a lucrative compensation package to secure his leadership for the next five 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.

Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The Wall Street giant announced as many as 15 senior promotions as part of a move that is being seen as a drive to promote the next generation of leadership at its 200 West St.