The firm announced yesterday that ten Asian MDs would be made members of the lucrative partnership pool - a group which comprises the firm's commercial and cultural leaders. The partnership pool gets the top layer of the bonus pool to be announced in December and comprises around 1.5% of Goldman's global staff.
Goldman has created 114 new partnership pool places, of which 10 are from Asia. They are
Theresa McCabe, Paul Russo, Richard Ong, Ian Mukherjee, Barry Mannis, Shirley Fung, Shirley Lin, David M. Weil, Hsueh-Ming Wang and Zi Wang Xu.
The distribution of these partnerships says a lot about how Goldman sees its Asian business.
Shirley Fung, for...