Goldman Sachs poised to roll back DEI practices: sources
Goldman Sachs plans to reduce some of its diversity, equity and inclusion policies amid the White House-backed crackdown on so-called “awakening” capitalism, the Post learned. A source familiar with the issue said CEO David Solomon will change course amid the threat of a possible litigation after President Donald Trump ordered U.S. Attorney General Pam Bondy […]
Goldman Sachs exec John Waldron gets board seat — a move likely making him bank’s next CEO
Goldman Sachs cemented President and Chief Operating Officer John Waldron as the successor to CEO David Solomon, one month after being given the retention bonus. Waldron, 55, joins Solomon, 63, and holds a seat on the board of directors as the second member of the board of trustees. “It appears that a stiffer succession plan […]
Goldman CEO David Solomon has Trump to thank for his job security
It appears Donald Trump has secured David Solomon's job in the near future. Goldman Sachs CEO has a rocky relationship with Rank and File within the major investment bank, appearing to be on thin ice just a few months ago. MDS and senior executives thought he was dictatorial and that the CEO could become a […]
Goldman accuses Trump of 'dozens of impeachable offenses' in first days back in White House
Rep. Dan Goldman (DN.Y.), the lead defense attorney for President Trump's first bullet each, said on Wednesday that since taking office a month ago, the president said he had “dozens of bullets each possible.” He said he believes he committed a crime. “Donald Trump committed probably dozens of perchable crimes in his first month,” Goldman […]
Goldman Sachs Scrapping Policy That Said Company Wouldn’t Take Businesses Public That Had All White, Male Boards
Goldman Sachs Group Inc. is scrapping the pledge it made to reject the initial public offering (IPO) business from companies that have an entirely white board, Bloomberg reported Tuesday. In 2020, major investment banks had enforced a policy requiring businesses to be made public in the US or Western Europe only if they had two […]
Goldman Sachs ends IPO diversity policy as Trump cracks down on DEI
Goldman Sachs cancelled its policy four years ago to bring in only public companies with two diverse board members, a bank spokesman said on Tuesday that he was social policy from President Trump. He said in the latest moves by companies that are hoping for greater scrutiny on the issue. “As a result of the […]
Democratic Rep. Dan Goldman Accused Of Helping Chinese Illegals Avoid ICE
New York Democratic lawmaker Dan Goldman sent a series of tweets in Spanish and Chinese on Wednesday, and after he guided immigrants on how to deal with immigrants and customs enforcement (ICE) encounters, he said. He defends himself. “All New Yorkers have the right to interact with immigration enforcement,” Rep. Goldman tweeted. “What will you […]
Goldman staffers gripe over bonuses after D-Sol’s eye-popping $39M payout
The Goldman Sachtic staff knows that the bank has gained a few bonuses, despite the fact that the bank has recorded the highest profit in three years and then greatly promoted to CEO David Solomon. According to a few Goldman workers who were interviewed in the post, the rank and files of the Wall Street […]
Anti-DEI activists target banks like Goldman Sachs, JPMorgan: report
Wall Street banks Goldman Sachs and JPMorgan Chase are the latest major companies to feel the heat of anti-DEI activists calling for the repeal or rollback of “woke” policies, according to the report. Two other large financial institutions, Bank of America and Citi, face charges of discriminating against customers based on their political and religious […]
Goldman Sachs taps next generation of leaders in Wall Street revamp
Goldman Sachs Chief Executive David Solomon on Tuesday promoted a number of top bankers to head the firm's biggest business units, days after the bank's top executives were awarded two huge bonuses. . The Wall Street giant announced 15 senior promotions as part of its efforts to foster the next generation of leadership at its […]