Goldman Sachs chief executive David Solomon is wrapping up his first year in the job by easing out long-standing partners to free up bigger jobs and rewards for the next generation. Not since it went public in 1999 has Goldman been a true “partnership”, but it has retained the title, which still brings perks and status that are unique on Wall Street. Under Mr Solomon, though, senior management at Goldman has been reviewing the top of the pyramid amid worries that the club is no longer exclusive enough.
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