Goldman Sachs abandons DEI rule, saying it has ‘served its purpose’
Goldman Sachs has ended a ban on underwriting companies with all-White, all-male boards, becoming the latest corporate giant ...
Goldman Sachs will no longer ban companies with all White boards from IPO services
Goldman Sachs will no longer bar companies with all White boards from receiving IPO services as business after business drops ...
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Goldman Sachs Reverses Decision To Block IPOs For US-Based Companies With All-White Male Boards After Making 2020 Commitments To DEI
Goldman Sachs Group Inc. has changed its stance on underwriting initial public offerings (IPOs) for companies with all-white ...
JPMorgan removes nearly all DEI references from its annual report
JPMorgan Chase has dropped almost all mentions of "diversity, equity, and inclusion" from its annual report, the latest ...
ISS Announcement Raises Key Questions About DEI And Fiduciary Duty
When politics and fiduciary duty collide, many investors ultimately believe that fiduciary duty must win. Eric Darrisaw, ...
Wall Street talked endlessly about diversity. Trump ended that
Many Wall Street diversity initiatives are being pulled back in the face of opposition from the Trump administration.
Wall Street's diversity dilemma deepens as JPMorgan's Dimon sounds off on 'stupid' DEI expenses
JPMorgan Chase CEO Jamie Dimon, a longtime advocate of diversity, told employees this past week during a town hall that he "was never a firm believer in bias training" and had questions about money ...
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Financial Titan Scrapping Policy That Said Company Wouldn’t Take Businesses Public That Had All White, Male Boards
Goldman Sachs Group Inc. is scrapping a pledge it made to refuse initial public offering (IPO) business from companies that ...
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Goldman Sachs CEO gets big pay boost, and $80 million bonus for another five years at helm
and keep in place a solid succession plan," Goldman Sachs spokesperson Tony Fratto said. "The board is also evolving compensation to enhance the firm’s ability to continue to attract and ...