Yahoo Finance·2026-01-29 05:01Group 1 - Goldman Sachs has added seven leaders from its wealth and asset management business to its management committee, which now consists of 46 members responsible for guiding the firm's strategy and oversight [1][2] - The wealth clients of Goldman Sachs hold over $1.9 trillion in assets, indicating the significance of this segment for the firm [2] - BNY is promoting multiple executives to enhance growth in its wealth unit, with Adam Vos becoming head of global wealth solutions and Jim Crowley taking on the role of executive vice chair [4][5] Group 2 - The leadership changes at both Goldman Sachs and BNY reflect a strategic focus on expanding their wealth and asset management businesses, which are already crucial to their operations [2][5] - BNY's CEO Robin Vince emphasized the importance of evolving leadership structures to align with the expanding wealth landscape [5] - New committee members at Goldman Sachs include John Mallory and Nishi Somaiya, who will serve as global co-heads of wealth management [3]