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 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 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 ends board diversity requirements for U.S. and Europe IPOs
CNBC's Andrew Ross Sorkin reports on the latest news.
Goldman Sachs ditches diversity rule that excluded white men
The vice chair of Goldman Sachs has announced the bank has axed a diversity rule which excludes white men. As a result of legal challenges and political scrutiny, the bank has dropped its IPO board diversity requirement entirely,
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 ...
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 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 ...
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