Goldman Sachs CEO says no IPOs for companies without at least one 'diverse' board member starting in July | Markets Insider

in Davos, Switzerland that starting in July, the bank won't help companies without at least one"diverse" board member, with a focus on women, go public. "We might miss some business," Solomon said."But in the long run, this I think is the best advice for companies that want to drive premium returns for their shareholders." Goldman Sachs is putting its foot down when it comes to the board diversity of companies it helps with the initial public offering process.

Over the last four years,"the performance of IPOs where there's been a woman on the board in the US is significantly better than the performance of IPOs where there hasn't been a woman on the board," he said. "We might miss some business," he said."But in the long run, this I think is the best advice for companies that want to drive premium returns for their shareholders." Goldman Sachs has four women on its board of 11.

So, when are USA women going to demand their right to have the honor to sign up for selective services which ALL male USA citizens are OBLIGATED by law? Not really equal yet, are you? Do illegals sign up? Yeah, I see equal happening all over this place! MAGA howdoyoulikeusnow

Bring back Lloyd.

Hi, I’m diverse and brown. I’ll be more than happy to be on your bored with zero experience so your company can qualify for a low low fee of 30k a year lol 😊

Lol 1

Sad.

So more white women on the boards then.

How about promising no IPOs that defraud retail investors GoldmanSachs

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