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 announced a number of promotions in its global banking and markets division, signaling the rise of a next generation of leadership.The announcements were made as part of a series of internal memos today that were reviewed by The Wall Street Journal.

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 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.