US investment bank: Goldman Sachs no longer provides diversity data for partner promotions
The US investment bank is dispensing with the breakdown of demographic data, but continues to say that the diversity of its workforce is crucial. This has been met with criticism.
Goldman Sachs has announced the appointment of 109 new partners, its largest intake since 2010, with over 100 being women. The bank has not released demographic data on the appointments, citing a changed legal environment. This move has been criticised by Mayra Rodriguez Valladares of MRV Associates, who says it is regrettable that a major bank is hesitant to publish demographic data. The appointments take effect from January 1. The partnership at Goldman Sachs is highly coveted on Wall Street.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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