Goldman Sachs Faces Leadership Turmoil as Top Bankers Threaten to Quit

Two senior Goldman Sachs bankers consider resigning over exclusion from a new leadership committee, highlighting internal dissatisfaction.

Two top Goldman Sachs bankers, Mark Sorrell and Gonzalo Garcia, are reportedly considering leaving the firm after being excluded from a new leadership committee.
The committee, established by CEO David Solomon, aims to promote a new generation of leaders and streamline decision-making.
The exclusion has sparked internal dissatisfaction and comes amid a series of high-profile departures under Solomon's leadership.
Goldman Sachs CEO David Solomon received a 24% pay increase last year, despite the bank reporting its worst annual profit numbers in four years.
The bank's recent challenges include a loss-making venture into consumer lending and a slowdown in investment banking revenues.