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 male boards. In 2020, CEO David Solomon announced that the leading investment bank would only take a company public in the United States or Western Europe if the organization had at least two diverse board members,
Why Goldman Sachs dropped its DEI requirement from IPOs
Goldman Sachs has ended its policy requiring IPO clients to have diverse boards, citing a legal ruling that ended a similar initiative at the Nasdaq.
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 to scale back a DEI initiative.
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 DEI in the wake of Trump's executive orders.
Goldman Sachs ends IPO diversity policy citing legal developments
Goldman Sachs cancelled a four-year-old policy to only take public companies that had two diverse board members, a spokesperson for the bank said on Tuesday, in the latest such move by corporations expecting greater scrutiny on social policies from U.
Goldman Sachs ends board diversity requirements for U.S. and Europe IPOs
CNBC's Andrew Ross Sorkin reports on the latest news.
Goldman Sachs Expands Its Crypto ETF Holdings
The Wall Street giant combined massive holdings in spot bitcoin and Ethereum funds with options positions in a fourth-quarter ...
Goldman Sachs Abandons IPO Diversity Pledge With US DEI Goals Under Fire
Goldman Sachs Group Inc. is killing a significant pledge it made to refuse initial public offering business with companies ...
Hosted on MSN4h
A bearish trade is looming for US equities, Goldman Sachs says
Goldman Sachs managing director Scott Rubner is warning that the US equities market may be heading for a bearish period. In a ...
Goldman axes diversity rule that has 'served purpose'
Goldman Sachs introduced its diversity policy on boards in 2020, initially mandating that companies who wanted to float had ...
Goldman Sachs CEO open to acquisitions in asset, wealth management
Goldman Sachs would consider acquisitions in asset and wealth management, but would be highly selective about any deal, CEO ...
Free Malaysia Today on MSN11h
Suspension of US law could scuttle 1MDB assets recovery efforts, says journalist
Billion Dollar Whale co-author Tom Wright says there is ‘no chance now Malaysia will get its billions from Goldman’.
With Cantor and Morgan Stanley alumni leading the way for Trump, is the era of ‘government Sachs’ over?
It’s not that the Trump administration is anti-Goldman Sachs, sources say, but rather there just isn’t as much talent to take ...
Bank of America added to US Conviction List at Goldman Sachs
Goldman Sachs analysts added Bank of America (BAC) to the firm’s US Conviction List as part of its monthly update. Goldman believes Bank of ...
Goldman Sachs’ Exclusive Investing Club Is a Powerful Draw
Employees’ privileged access to its own funds show a widening compensation gap on Wall Street. Marc Rubinstein is a former ...