Goldman Sachs promotes 30 executives as MDs in India


Goldman Sachs promotes 30 executives as MDs in India

Globally, the promotions this year are reflective of the firm’s strategic priorities, including investments in core businesses (investment banking division and global markets); growth strategies (asset management, consumer and engineering); and strategic locations (particularly Bengaluru, Salt Lake City and Dallas), the company said.

​​“I do not know the facts of the case but, based on what I have read, we really need to have a criminal justice system which protects bona fide actions by bankers for recovery of their money,” said veteran banker Uday Kotak, adding that there has to be a method by which that action has to be protected.


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