Goldman Sachs will promote David Solomon and Harvey Schwartz to the No. 2 executive spot, the Wall Street Journal (WSJ) reported late on Tuesday.
Solomon, presently co-head of the investment banking department, and Schwartz, the current chief financial officer, will be replacing Gary Cohn, second in command to CEO Lloyd Blankfein, the WSJ said, citing unnamed sources.
Cohn is leaving Goldman to become U.S. president-elect Donald Trump's chief economic adviser.
Meanwhile, Goldman's technology chief R. Martin Chavez could be promoted to finance chief, the WSJ said.
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