The end of Goldman’s IPO diversity rule abandons one of the business world’s most powerful levers for diversity
In 2020, Goldman Sachs made a big splash by declaring the bank would refuse to take a company public if the business didn't have at least one board member considered "diverse" in some way—later upped to two.
Goldman Sachs abandons DEI rule, saying it has ‘served its purpose’
Goldman Sachs has ended its restriction on underwriting companies with all-White, all-male boards in the United States and Western Europe, becoming the latest corporate behemoth to evaluate its equity and inclusion practices at a time when President Donald Trump is stepping up attacks on DEI policies.
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 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 to have one diverse member, before increasing it to two people.
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 that had all White, male boards.
Goldman Sachs Ends Diversity Board Push for IPOS
Goldman Sachs is ending its policy that mandated companies have a diverse board for the bank to take them public. The rule, a version of which was implemented in 2020, had said the bank would only underwrite the initial public offerings for companies in the U.
Goldman Sachs drops IPO diversity requirement amid legal and political scrutiny
Goldman Sachs has dropped its IPO board diversity requirement due to legal challenges and political scrutiny, though it will continue encouraging diverse leadership, The Financial Times reports.
Goldman Sachs ends IPO diversity pledge, Bloomberg reports
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 explains axing DEI rule which has ‘served its purpose’
Goldman Sachs have become the latest company to scrap their diversity programmes following the Trump administration’s signing of an executive order which was aimed at ending "radical and wasteful government DEI [diversity, equity, and inclusion] programs".
Goldman Sachs Abandons IPO Diversity Pledge With DEI Goals Under Fire
The pledge was made at a time when much of corporate America was swept up in the fervor to champion diversity.
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 Americas ECM Head Gelman to Exit After 25 Years at Firm
Gabe Gelman, head of Americas equity capital markets at Goldman Sachs Group Inc., is leaving the firm after more than 25 ...
Goldman Sachs gobbles up Bitcoin and Ethereum as crypto ETF holdings soar past $2 billion
Goldman Sachs also held almost $500 million in Ethereum ETFs, split equally between BlackRock and Fidelity. The company’s crypto ETF holdings jumped 50% from the prior quarter, ...