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 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.

Goldman expanded its management-committee ranks and installed a number of senior leaders in top positions throughout its investment bank.

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 has promoted a new generation of executives to head its key investment banking and trading businesses as the bank overhauls its top ranks and prepares to capitalise on an expected Wall Street boom under US President Donald Trump.