The position announcements were in the firm’s global banking & markets division.

(Reuters) - 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.

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 (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 estimates that companies could spend some $1.07 trillion on buying back their own stock this year. On the other side of the equation, global investors have poured about $143 billion into money market funds in the week ending Jan 10, the largest since March 25, 2020, Goldman said.