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          Goldman Sachs shakes up management, elevates next generation of executives to leadership roles

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          • Goldman Sachs on Tuesday announced a series of leadership changes at the top of the bank.
          • The bank expanded the ranks of its management committee, among other changes.
          • It appointed three global coheads of investment banking ahead of an expected pickup in dealmaking.

          Goldman Sachs on Tuesday announced a series of leadership appointments, expanding the size of its management committee and elevating several executives to its top ranks.

          The management committee, established in 1965, is responsible for helping steer the firm's strategy, policy, and other management matters.

          It tends to consist of the firm's next generation of leaders.

          The shake-up comes as the bank prepares for at least another five years of l