Investment banking: Steep rise: Tibor Kossa is promoted to partner at Goldman Sachs
The M&A specialist is the only German to be accepted into the elite circle of partners at Goldman Sachs in 2026.
Quick Look
- Tibor Kossa, co-head of investment banking for Germany and Austria at Goldman Sachs, has been promoted to partner.
- He is the only German among the 109 newly appointed partners of the major US bank and plays a key role in its market leadership.
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Why It Matters
The partnership at Goldman Sachs is an exclusive circle of around 500 people and is considered a prestigious award within the Wall Street bank.
Investment banker Tibor Kossa is promoted to partner at Goldman Sachs. The 49-year-old is the only German among 109 bankers who were accepted into the elite circle by CEO David Solomon and Chief Operating Officer John Waldron. Goldman Sachs announced this on Friday night.
It's a steep climb for Kossa, who only moved from Credit Suisse to Goldman Sachs in 2018. He has been co-head of investment banking in Germany and Austria since May 2024. Previously, he was co-head of the mergers and acquisitions (M&A) business.
Kossa is well connected to the largest German corporations and has taken the lead in numerous transactions worth billions: He advised Deutsche Bahn on the sale of its logistics subsidiary Schenker to its Danish competitor DSV, as well as the gas company Praxair on its merger with its Munich competitor Linde.
Most recently, he was an advisor to the diagnostics company Qiagen during its takeover by the financial investor EQT and supported Lufthansa in the acquisition of the Portuguese airline TAP. Goldman Sachs is also advising Commerzbank on its takeover by Unicredit.
Kossa has helped the Wall Street bank to establish itself as a leading advisor to German corporations on mergers and acquisitions for years. At the data provider Dealogic, Goldman Sachs ranks first in the current year up to the beginning of November with 34 deals and a market share of 61.5 percent, ahead of Deutsche Bank and Morgan Stanley. This means that Goldman Sachs was involved in over 60 percent of all transactions in Germany.
Goldman Sachs boss Solomon is now rewarding him for the result with a prestigious title. The partnership at Goldman Sachs is a holdover from the time before the IPO in 1999 and is considered highly desirable on Wall Street. In total, the financial group has around 500 partners. 85 percent of the new partners work in high-turnover areas such as global banking and capital markets business as well as asset management.
Open Questions
- What strategic goals does Kossa pursue in his new role?
