In 2020, Goldman Sachs made a big splash by declaring the bank would refuse to take a company public if the business didn't ...
Goldman Sachs cancelled a four-year-old policy to only take public companies that had two diverse board members, a ...
Goldman Sachs Group Inc. is killing a significant pledge it made to refuse initial public offering business with companies ...
Goldman Sachs has ended its policy requiring IPO clients to have diverse boards, citing a legal ruling that ended a similar ...
Goldman Sachs has dropped its IPO board diversity requirement due to legal challenges and political scrutiny, though it will ...
Goldman Sachs (GS) is ending the pledge it made to refuse IPO business with companies that had all White, male boards, Bloomberg’s Sridhar ...
Goldman Sachs will no longer bar companies with all White boards from receiving IPO services as business after business drops ...
The allure of a Goldman IPO or a Nasdaq listing was enough to get companies to meet diversity benchmarks. Besides perhaps the federal government's standards for federal contractors, these were two ...
"As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy," Goldman Sachs spokesperson Tony Fratto said. "We continue to believe that ...
The pledge was made at a time when much of corporate America was swept up in the fervor to champion diversity.