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Goldman’s 60 new partners are fewer, more diverse than in years past

November 13, 2020

Goldman partners receive a pay raise to a $950,000 base salary and exclusive perks — including the title alone, a vestige of the days when Goldman was Wall Street’s last private bank and partners owned a stake. These days, the slice partners own is nominal, but the prestige is still a motivator.

CEO David Solomon has aimed to make it more so this year, giving partners new access to profits from the firm’s private investment funds, in an effort to curb complaints about falling pay and a stagnant stock price.

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