Goldman expanded its management-committee ranks and installed a number of senior leaders in top positions throughout its investment bank.

Goldman Sachs last year promoted Ling Pong, head of capital markets, equity structuring and managed strategy for private wealth management in Asia Pacific to partner, marking the first such promotion within its Asia wealth business.

Goldman Sachs (GS) announced a crop of promotions on Tuesday, naming three co-heads each to its investment banking; fixed income, currency and commodities; and equities units, highlighting its next generation of senior leaders.

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 has promoted a new generation of executives to head its key investment banking and trading businesses as the bank overhauls its top ranks and prepares to capitalise on an expected Wall Street boom under US President Donald Trump.

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.