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Goldman Sachs Promotes Diversity In Hiring

By John F. Heerdink, Jr.

As per reports, Goldman Sachs Group, Inc. (GS) has promoted 643 people to managing director, the bank’s second-highest rank behind a partner, which included a higher proportion of female, Black, Asian, and Latino workers.

The bank believes that more Black, Latino, and female professionals are to be interviewed and are hired for the jobs. The increase in hiring percentage depicts the same goals, thirty percent of those promoted were women, compared with 29% in 2019. Twenty-eight percent of those promoted were Asian, up from 26% in 2019. Five percent were Black, in comparison to 4% in 2019 and 5% were Hispanic, up from 2% in 2019. Three percent were from the LGBTQ+ community, higher than 2% in 2019.

 

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. (GS), Coverage Page



Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Goldman Sachs highlights diversity in new managing director class in Reuters)


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