Updated Monday, April 21, 2014 as of 10:44 AM ET

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Goldman Names 266 Managing Directors, Up From 261 in 2011

Christine Harper

The annual promotions, which take effect Jan. 1, come one day after New York-based Goldman Sachs named 70 people to its so-called partnership, the fewest since the firm became a public company in 1999. Partners, also called participating managing directors, receive a higher salary than managing directors and share in a special bonus pool.

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