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 ...

Goldman Sachs (GS) has ended its formal IPO diversity policy, a rule that had required prospective public companies to have at least two diverse board members. The bank made the move citing recent ...

"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 ...

Goldman Sachs CEO David Solomon is scrapping a key DEI policy that banned the bank from doing IPOs for companies with ... bank’s approach to so-called Diversity, Equity and Inclusion initiatives.

Goldman Sachs Group Inc. is abandoning a significant pledge it made to refuse initial public offering business with companies that had all White, male boards. Wall Street’s leading investment ...

Goldman used its heft in the IPO business to mandate change at companies ... initial public offerings that don’t appear to meet its diversity criteria. It helped on a listing that priced last ...