Is Goldman Sachs ethical?

The petitioner informed the SEC that in the middle of the SEC’s investigation of Goldman Sachs, “Bangkok”, a major financial center, mysteriously disappeared from Goldman Sachs’ list of offices and from its webpage.

Goldman Sachs Reportedly Paid $12 Million to Keep a Former Partner’s Allegations of Sexism Quiet | Observer

Goldman Sachs reportedly paid millions to cover up a former partner’s claims of sexism.

Albanese, Acting Superintendent of Financial Services, today announced the resolution of an enforcement action against Goldman Sachs after a Goldman Sachs employee schemed to steal confidential regulatory and government information for use in advising a Goldman Sachs client, and improperly shared that information with other Goldman Sachs employees – in violation of New York Banking Law §36(10).

An analysis looking at inconsistencies between banks’ public climate commitments and their direct and indirect climate lobbying practices noted Goldman failed to publicly support the Inflation Reduction Act.* And Goldman’s 10,000 Small Businesses program attracted attention for reportedly recruiting participants to lobby against increased capital reserve proposals.° Improved Goldman Sachs lobbying disclosure will protect the reputation of Goldman Sachs and preserve shareholder value.

NEW YORK (AP) — Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.

Goldman Sachs settles gender discrimination lawsuit for $215 million | AP News

NEW YORK (Reuters) - Goldman Sachs Group Inc agreed to pay $215 million to settle a class action alleging widespread bias against women in pay and promotions, ending one of the highest-profile lawsuits claiming unequal treatment of women on Wall Street.

Goldman Sachs Group Inc. has agreed to pay $215 million to put an end to a long-running class-action lawsuit that accused the Wall Street giant of systemically underpaying women.

Goldman Sachs agreed to pay $215 million to settle a long-standing class-action lawsuit that alleges the finance giant systematically underpays and undervalues women.

Goldman Sachs settles gender bias lawsuit for $215 million - CBS News

The settlement covers about 2,800 female associates and vice presidents employed in the investment banking, investment management and securities divisions of Goldman Sachs, according to the statement.

Goldman Sachs has agreed to pay $215 million to settle a long-running class-action lawsuit that alleged widespread bias against women in both pay and promotions, a joint statement from the company and the plaintiffs said.

In 2020, Goldman Sachs launched a new fund to support left-of-center racial causes, starting with $10 million transferred from Goldman Sachs Gives.

If aggrieved employees or external parties argue that Goldman Sachs’s hiring or promotion processes favor certain demographics, lawsuits under Title VII could follow.

Goldman Sachs Group Inc. erased diversity targets from a key regulatory filing, becoming the latest Wall Street firm to turn away from specific goals for a more representative workforce after an executive order by President Donald Trump.

20–438 (MKB), was entered in the United States District Court for the Eastern District of New York. (j) The term “best knowledge,” “to the best of one’s knowledge,” “best knowledge at that time,” and other similar “best knowledge” terms include matters that are known to the applicable individual or should be known to such individual upon the exercise of such individual’s due diligence required under the circumstances, and, with respect to an entity other than a natural person, such term includes matters that are known to the directors and officers of the entity or should be known to such individuals upon the exercise of such individuals’ due diligence required under the circumstances. (k) The “conduct” of any person or entity that is the “subject of” any misconduct refers to the misconduct by any Goldman personnel that is the basis of (or the subject of) the Goldman Sachs Malaysia FCPA Conviction. (l) The term “participate in” when used to describe an individual or entity’s participation in the Goldman Sachs Malaysia FCPA Conviction refers not only to active participation in the conduct that is the subject of the Goldman Sachs Malaysia FCPA Conviction but also includes an individual or entity’s knowledge or approval of the conduct that is the subject of the Goldman Sachs Malaysia FCPA Conviction, without taking active steps to prohibit such conduct, such as reporting the conduct to the individual’s supervisors, and to the Board of Directors.

20–438 (MKB), was entered in the United States District Court for the Eastern District of New York. (j) The term “best knowledge,” “to the best of one’s knowledge,” “best knowledge at that time,” and other similar “best knowledge” terms include matters that are known to the applicable individual or should be known to such individual upon the exercise of such individual’s due diligence required under the circumstances, and, with respect to an entity other than a natural person, such term includes matters that are known to the directors and officers of the entity or should be known to such individuals upon the exercise of such individuals’ due diligence required under the circumstances. (k) The “conduct” of any person or entity that is the “subject of” any misconduct refers to the misconduct by any Goldman personnel that is the basis of (or the subject of) the Goldman Sachs Malaysia FCPA Conviction. (l) The term “participate in” when used to describe an individual or entity’s participation in the Goldman Sachs Malaysia FCPA Conviction refers not only to active participation in the conduct that is the subject of the Goldman Sachs Malaysia FCPA Conviction but also includes an individual or entity’s knowledge or approval of the

Goldman Sachs will pay $2.9 billion to settle charges that it violated federal anti-corruption laws by bribing government officials to secure billions in business for the investment bank’s Malaysian subsidiary, the Justice Department announced Thursday.

“Today’s resolution, which requires Goldman Sachs to admit wrongdoing and pay nearly three billion dollars in penalties, fines, and disgorgement, holds the bank accountable for this criminal scheme and demonstrates the department’s continuing commitment to combating corruption and protecting the U.S. financial system,” said acting Assistant Attorney General Brian C.

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) to end a probe of its role in the 1MDB corruption scandal.

Goldman Sachs to pay $3bn over 1MDB corruption scandal

Goldman Sachs agreed to pay more than $2.9 billion to regulators around the world, including a record penalty for violating a U.S. anti-corruption law, to resolve probes into its role in an international finance scandal, authorities announced Thursday.

"Goldman Sachs today accepted responsibility for its role in a conspiracy to bribe high-ranking foreign officials to obtain lucrative underwriting and other business relating to 1MDB," acting Assistant Attorney General Brian C.

TWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are part of TWG CEO Mark Walter's sprawling business empire classified loans to companies the billionaire controls.

New York, New York Doc ket Nos. 16-011-BH-C; 16-011-CMP-HC Order to Cease and Desist and Order of Assessment of Civil Money Penalty Issued Upon Consent Pursuant to the Federal Deposit Insurance Act, as Amended WHEREAS, The Goldman Sachs Group, Inc., New York, New York (“GS Group”), a registered bank holding company, owns and controls Goldman, Sachs & Co. (“Goldman Sachs”), a non-bank subsidiary located in New York, New York (together, the “Firm”); WHEREAS, the Board of Governors of the Federal Reserve System (the “Board of Governors”) is the appropriate federal banking agency supervisor of the Firm; WHEREAS, Goldman Sachs provides regulatory advisory services to supervised financial institutions relating to capital stress testing and other supervisory issues, and the Firm was aware that in such circumstances the Firm was prohibited from using or disclosing the Board’s confidential supervisory information absent regulatory approval; WHEREAS, confidential supervisory information includes reports of examination and other confidential reports prepared by banking regulators, and any information derived from, related to, or contained in such reports, and any documents prepared by, on behalf of, or for the

Tim Leissner - A former executive of Goldman Sachs Group Inc. agreed to a settlement with the SEC that includes a permanent bar from the securities industry for violating the FCPA by engaging in a corruption scheme, by which he obtained millions of dollars by paying unlawful bribes to various government officials to secure lucrative contracts for Goldman Sachs.

agreed to a settlement with the SEC that includes a permanent bar from the securities industry for violating the FCPA by engaging in a corruption scheme, by which he obtained millions of dollars by paying unlawful bribes to various government officials to secure lucrative contracts for Goldman Sachs. (12/16/19). Ericsson – The multinational telecommunications company agreed to pay more than $1 billion to the SEC and DOJ to resolve charges that it violated the FCPA by engaging in a large-scale bribery scheme involving the use of sham consultants to secretly funnel money to government officials in multiple countries.

Goldman Sachs Group, Inc. - The firm agreed to pay more than more than $1 billion to settle SEC charges that it violated the anti-bribery, books and records, and internal accounting controls provisions of the FCPA in connection with the 1Malaysia Development Berhad (1MDB) bribe scheme.

The diverted funds included a substantial portion of the approximately $6.5 billion in capital that 1MDB raised in 2012 and 2013 through three bond offerings that it executed with Goldman Sachs (the “Bond Deals”).

This matter relates to a scheme perpetrated by now former senior employees of Goldman Sachs who authorized and paid bribes and kickbacks to government officials in Malaysia and the Emirate of Abu Dhabi (“Abu Dhabi”) in order to secure lucrative business for the Company and benefits for themselves.

As part of the scheme, certain former senior employees of Goldman Sachs authorized and paid bribes to government officials in Malaysia and in Abu Dhabi to obtain and retain lucrative business for Goldman Sachs, including the 2012 and 2013 bond deals, from which Goldman Sachs earned approximately $600 million.

6 Leissner, Low and others paid millions of dollars in bribes and kickbacks to government officials, and secured 1MDB business for Goldman Sachs, in particular, the three Bond Deals and related transactions.

The Securities and Exchange Commission today announced charges against former Goldman Sachs Group Inc. executive Tim Leissner for engaging in a corruption scheme, by which he obtained millions of dollars by paying unlawful bribes to various government officials to secure lucrative contracts for Goldman Sachs.

The SEC’s order finds that Goldman Sachs violated the anti-bribery, internal accounting controls, and books and records provisions of the federal securities laws.

The Securities and Exchange Commission today announced charges against The Goldman Sachs Group Inc. for violations of the Foreign Corrupt Practices Act (FCPA) in connection with the 1Malaysia Development Berhad (1MDB) bribe scheme, and as part of coordinated resolutions, it has agreed to pay more than $2.9 billion, which includes more than $1 billion to settle the SEC’s charges.

SEC.gov | SEC Charges Goldman Sachs With FCPA Violations

SEC Charges Goldman Sachs With FCPA Violations

Goldman Sachs agreed to a cease-and-desist order and to pay $606.3 million in disgorgement and a $400 million civil penalty, with the amount of disgorgement satisfied by amounts it paid to the Government of Malaysia and 1MDB in a related settlement.

According to the SEC’s order, beginning in 2012, former senior employees of Goldman Sachs used a third-party intermediary to bribe high-ranking government officials in Malaysia and the Emirate of Abu Dhabi.

Goldman Sachs (GS) to Pay SEC $4M Penalty Over ESG Fund Case (Revised)

Goldman Sachs Group Inc.'s GS asset-management arm will pay $4 million to settle the Securities and Exchange Commission's claims that Goldman Sachs Asset Management, L.P.

Goldman Sachs has agreed to pay a $4mn penalty over US regulatory charges that the bank’s asset management division misled customers about environmental, social and governance (ESG) investments.

Goldman Sachs to pay $4mn penalty over ESG fund claims

“This could be the beginning of a period where you have a regulatory cloud over Goldman Sachs, and perhaps even the entire investment banking industry,” said Hank Smith, chief investment officer at Haverford Trust Co in Philadelphia.

The Securities and Exchange Commission today announced settled charges against Goldman Sachs & Co. LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC.

Goldman Sachs says it won't directly finance Arctic oil-and-gas exploration, new coal-fired power plants (unless they trap carbon), or new mines for coal used in electricity.

Goldman Sachs will pay $2.9B to settle foreign bribery charges

“Today’s resolution, which requires Goldman Sachs to admit wrongdoing and pay nearly three billion dollars in penalties, fines, and disgorgement, holds the bank accountable for this criminal scheme and demonstrates the department’s continuing commitment to combating corruption and protecting the U.S. financial system,” said acting Assistant Attorney General Brian C.

The CFPB also found that Apple did not always present the interest-free payment option on its website, and Goldman Sachs misrepresented the application of refunds, leading to unexpected interest charges for users.

In finance, Citadel founder Ken Griffin also reportedly plans to give $1 million towards Trump's inauguration, and Goldman Sachs and Bank of America will donate unspecified amounts to the fund.

Jury selection was completed on Monday in the case of Fabrice Tourre, the former midlevel Goldman Sachs employee accused by the Securities and Exchange Commission of participating in a scheme to defraud investors in the run up to the financial crisis.

Goldman Sachs agrees to settle $6 million fine over trading data errors

Goldman Sachs is no stranger to controversy. Following the 2008 financial crisis, federal investigations found that the bank had structured and sold mortgage-linked securities while also taking positions in the financial markets that allowed it to profit from the collapse of the U.S. housing market.

Goldman Sachs shares fell more than 13 percent after the SEC announcement, which also caused shares of other financial companies to sink.

Goldman Sachs settled its case with the SEC, which alleged the investment bank misled investors about specific mortgage products, for a record $550 million in July.

Securities and Exchange Commission on Friday announced a $6 million penalty against Goldman Sachs for providing incomplete and inaccurate trading information to the regulator.

SEC fines Goldman Sachs over inaccurate trading information

Goldman Sachs has been charged with fraud by the Securities and Exchange Commission.

5 In the aftermath of the financial crisis, Goldman Sachs also came under criticism for paying out more than $1 billion in bonuses to hundreds of employees after receiving $10 billion in Troubled Asset Relief Program (TARP) taxpayer funding.

Since its founding, Goldman Sachs, its leadership, and its practices have generated significant controversy and resulted in numerous investigations.

While Goldman Sachs never admitted any guilt, it settled a lawsuit from the Securities and Exchange Commission in July 2010, paying some $550 million and accepting a court mandate to change some of its marketing practices and employee training methods.

The firm has been accused of contributing to the 2008 global financial crisis by misrepresenting its investments in the residential mortgage market. 6 In the aftermath of the crisis, Goldman Sachs also came under criticism for paying out more than $1 billion in employee bonuses after receiving $10 billion in taxpayer dollars as relief funding.

New York federal jurors on Thursday found a former Goldman Sachs banker guilty of bribing foreign officials to secure a client a lucrative energy deal in Ghana, according to an announcement from the U.S. Department of Justice.

Tim Leissner - A former executive of Goldman Sachs Group Inc. agreed to a settlement with the SEC that includes a permanent bar from the securities industry for violating the FCPA by engaging in a corruption scheme, by which he obtained millions of dollars by paying unlawful bribes to various government officials to secure lucrative contracts for Goldman Sachs.

An Associated Press article that afternoon noted: "Stocks have had a late-day turnaround on expectations that Goldman Sachs is settling civil fraud charges.

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 90243 / October 22, 2020 ACCOUNTING AND AUDITING ENFORCEMENT Release No. 4191 / October 22, 2020 ADMINISTRATIVE PROCEEDING File No. 3-20132 In the Matter of THE GOLDMAN SACHS GROUP, INC., Respondent.

LLC (“Respondent” or “Goldman Sachs”). II. In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement (“Offer”) that the Commission has determined to accept.

11 Accounts Receivable Branch HQ Bldg., Room 181, AMZ-341 6500 South MacArthur Boulevard Oklahoma City, OK 73169 Payments by check or money order must be accompanied by a cover letter identifying Goldman Sachs as a Respondent in these proceedings, and the file number of these proceedings; a copy of the cover letter and check or money order must be sent to Thomas P.

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 95922 / September 27, 2022 ADMINISTRATIVE PROCEEDING File No. 3-21167 In the Matter of Goldman Sachs & Co. LLC Respondent.

11 Accounts Receivable Branch HQ Bldg., Room 181, AMZ-341 6500 South MacArthur Boulevard Oklahoma City, OK 73169 Payments by check or money order must be accompanied by a cover letter identifying Goldman Sachs as a Respondent in these proceedings, and the file number of these proceedings; a copy of the cover letter and check or money order must be sent to Thomas P. Smith, Jr., Associate Regional Director, Securities and Exchange Commission, 100 Pearl Street, Suite 20- 100, New York, New York 10004-2616.

Goldman Sachs’s widespread failure to implement its policies and procedures that prohibit such communications led to its failure to reasonably supervise its employees within the meaning of Section 15(b)(4)(E) of the Exchange Act.

Respondent Goldman Sachs shall, within 14 days of the entry of this Order, pay a civil money penalty in the amount of $125,000,000 to the Securities and Exchange Commission for transfer to the general fund of the United States Treasury, subject to Exchange Act Section 21F(g)(3).

The Securities and Exchange Commission (“Commission”) deems it appropriate and in the public interest that public administrative and cease-and-desist proceedings be, and hereby are, instituted pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934 (“Exchange Act”), and Section 203(e) of the Investment Advisers Act of 1940 (“Advisers Act”) against Goldman Sachs & Co. LLC (“Goldman” or “Respondent”). II. In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement (the “Offer”) which the Commission has determined to accept.

An Associated Press article that afternoon noted: "Stocks have had a late-day turnaround on expectations that Goldman Sachs is settling civil fraud charges.

An Associated Press article that afternoon noted: "Stocks have had a late-day turnaround on expectations that Goldman Sachs is settling civil fraud charges.

An Associated Press article that afternoon noted: "Stocks have had a late-day turnaround on expectations that Goldman Sachs is settling civil fraud charges.

DATELINE: NEW YORK BODY: In one of the most dramatic cases emanating from the global financia l crisis, federal regulators accused investment banking powerhouse Goldman Sachs Group Inc. of fraud for its role in issuing securities that were at the heart of the financial crisis.

In 2007, Goldman Sachs went beyond its role as market maker for clients seeking to buy or sell mortgage related securities, traded billions of dollars in mortgage related assets for the benefit of the firm without disclosing its proprietary positions to clients, and instructed its sales force to sell mortgage related assets, including high risk RMBS and CDO securities that Goldman Sachs wanted to get off its books, and utilizing key roles in CDO transactions to promote its own interests at the expense of investors, creating a conflict between the firm’s proprietary interests and the interests of its clients.

136 FINANCIAL TIMES Thursday June 10, 2010 US Regulators step up probe of second Goldman mortgage deal CDO was not part of charges filed in April By Francesco Guerrera, Justin Baer and Greg Farrell in New York The US Securities and Exchange Commission has stepped up its inquiries into a complex mortgage- backed deal by Goldman Sachs that was not part of the civil fraud charges filed against the bank in April, according to people close to the matter.

1:10-cv-03461-PAC ———— IN RE GOLDMAN SACHS GROUP, INC. SECURITIES LITIGATION ———— PURSUANT TO PROTECTIVE ORDER Videotaped deposition of JOHN D. FINNERTY, PH.D. New York, New York Thursday, March 19, 2015 ———— Reported by: Annette Arlequin, CCR, RPR, CRR, CLR Job No. 90764 * * * [142] So when I read that body of information, I can form a judgment concerning what was disclosed in April 16th, April 30th, June 10th, and I can then run the statistical tests to see if the market reacts in a statistically significant way, but I’m forming my judgment as an economist before I look at the statistical test results.

104 REUTERS BUSINESS NEWS April 16, 2010 / 10:57 AM / 8 years ago Goldman Sachs charged with fraud by SEC Jonathan Stempel, Steve Eder NEW YORK (Reuters) - Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street’s most powerful bank and the nation’s top securities regulator.

filed April 16, 2010) The SEC Charges Goldman Sachs With Fraud In Connection With The Structuring And Marketing of A Synthetic CDO The Securities and Exchange Commission today filed securities fraud charges against Goldman, Sachs & Co. (“GS&Co”) and a GS&Co employee, Fabrice Tourre (“Tourre”), for making material misstatements and omissions in connection with a synthetic collateralized debt obligation (“CDO”) GS&Co structured and marketed to investors.

Moody’s, one of the largest credit rating agencies, confirmed that the damage caused by the SEC lawsuit went well beyond the potential $1 billion penalty relating to Abacus: April 19, 2010 Moody’s Weekly Credit Outlook Report: On Friday morning in a civil complaint, the SEC accused Goldman Sachs (A1, negative) of fraud in the marketing and origination of a synthetic collateralized debt obligation (CDO).

21489 / April 16, 2010 Securities and Exchange Commission v. Goldman, Sachs & Co. and Fabrice Tourre , 10 Civ, 3229 (B3).

The Second Circuit breathed new life Tuesday into an antitrust suit filed by Kodak and other aluminum buyers accusing financial firms including JPMorgan and Goldman Sachs of manipulating the metal's price, saying the trial court was wrong to find the purchasers lacked standing.

A New York federal court on Wednesday granted a win to big-name financial institutions, including Goldman Sachs and JP Morgan, over claims brought by aluminum buyers who accused the financial giants and metal warehouses of scheming to raise the price of the metal.

Goldman Sachs provides transitioning service men and women exiting the military an opportunity for professional skills training and education in the financial services industry.

SAN FRANCISCO, March 18, 2026--(BUSINESS WIRE)--A veteran Goldman Sachs advisor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim alleging the firm engaged in age discrimination, wrongful termination, and unlawful withholding of earned deferred compensation after giving him just 24 hours to involuntarily retire or be fired.

– The Securities and Exchange Commission (SEC) Inspector General (IG) David Kotz has agreed to a request from Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, to broaden his current investigation examining the SEC’s decision to move forward with action against Goldman Sachs “to include the circumstances surrounding the timing of the SEC’s settlement reached with Goldman on July 16, 2010.”

3 DFS also levied a $54.75 million fine against Goldman Sachs for, among other things, failing to consider reputational risk from bonds it offered to a Malaysian company that was paying large bribes to the then-President of Malaysia.4 2.

But banks such as Goldman Sachs have said they will continue to raise money for fossil fuel companies and instead have called for federal policy, such as a carbon tax, to encourage investment away from coal, oil, and gas.

Driving the news: In a letter sent to the SEC, Goldman Sachs is being accused of securities fraud by the National Institute for Workers' Rights, asserting that an affiliated DAF, Goldman Sachs Gives, gave money to causes that work against Goldman's stated diversity goals.

Driving the news: In a letter sent to the SEC, Goldman Sachs is being accused of securities fraud by the National Institute for Workers' Rights, asserting that an affiliated DAF, Goldman Sachs Gives, gave money to causes that work against Goldman's stated diversity goals.

Leaders at Goldman Sachs, Costco and JPMorgan Chase & Co have recently spoken out in support of their diversity programs, as anti-DEI activist shareholders continue to push proposals that would roll back company policies.

Solomon said his company's decision to remove a section about diversity and inclusion in Goldman Sachs's annual filing was the result of changes pushed by the new U.S. administration which has banned diversity, equity and inclusion policies at federal agencies.

Goldman Sachs Group Inc. is scrapping a pledge it made to refuse initial public offering(IPO) business from companies that had fully white, male boards, Bloomberg reported on Tuesday.

Goldman Sachs CEO David Solomon vows to cover employees' travel costs for abortion after the Supreme Court strikes down Roe v.

Goldman Sachs to cover U.S. employee's travel expenses for abortions

Goldman Sachs (GS), Wall Street's premier investment bank, has expanded its healthcare policy to cover travel expenses for U.S. employees seeking abortion services following the Supreme Court's decision to overturn Roe v.

Goldman Sachs got some unwanted attention yesterday for its reported plans to scrap DEI criteria for its board, about a year after erasing diversity goals for its workforce.

(Reuters) -Goldman Sachs has dropped an entire section dedicated to "diversity and inclusion" from its annual filing released on Thursday, as Wall Street firms dial back their diversity initiatives after President Donald Trump took charge.

Citi, Bank of America, and Goldman Sachs responded to the Supreme Court's decision on Friday. Goldman said it will cover travel costs for employees seeking abortions, Insider first reported.

In February 2025, a spokesperson for the bank told Fortune, "We strongly believe that organizations benefit from diverse perspectives, and Goldman Sachs is committed to operating our programs and policies in compliance with the law."

Goldman Sachs abandons IPO diversity pledge with U.S. DEI goals under fire | Fortune

Goldman Sachs was one of the many companies in 2025 to roll back their DEI initiatives.

Goldman Sachs is reportedly planning to scrap race, gender identity, sexual orientation and other diversity metrics when evaluating potential board members, responding to pressure from conservative activists amid President Donald Trump’s crackdown on corporate DEI programs.

Goldman Sachs poised to drop DEI as factor choosing board members: report

Goldman Sachs abandons IPO board diversity pledge

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".

Gnodde’s comments, a spokeperson at Goldman Sachs said: "As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy."

“Goldman Sachs CEO David Solomon vows to cover employees’ travel costs for abortion after the Supreme Court strikes down Roe v.

18 In addition, Goldman Sachs has started offering financial incentives for its female employees to get abortions: just a few days after the June 2022 Supreme Court ruling overturning the right to abortion at the federal level, Goldman Sachs chief executive officer David Solomon announced that the firm would cover all travel and procedures related to getting an abortion as part of the employee health-care plan.

“Goldman Sachs drops diversity and inclusion section from annual filing,” Reuters.

Goldman Sachs to drop race, gender and LGBTQ+ criteria from board evaluations | Business | The Guardian

Goldman Sachs is removing race, gender and other diversity-related considerations when evaluating prospective candidates for its executive board after pressure from an activist shareholder group to remove the criteria.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among banks that have been acting as brokers to facilitate growing investor demand for ways to trade Russian-related assets.

Goldman Sachs to raise pay for junior investment bankers - Business Insider

Goldman Sachs is giving its junior bankers a pay raise, the last major Wall Street firm to do so in a year where record deal-making activity has led to fierce competition for workers.

Goldman Sachs raises junior banker pay 30%

Goldman Sachs raises pay for junior bankers after 100-hour week complaints | Goldman Sachs | The Guardian

Goldman Sachs, the Wall Street behemoth that earned a sordid reputation from its role in causing and profiting from the 2008 financial crisis, gave a whopping $250,000 to the Los Angeles Police Foundation in 2018, as well as $15,000 to the NYC Police Foundation.

During the Term, Goldman Sachs will strive in good faith to increase corporate- wide the pipeline of female, Asian, black, and Hispanic employees, veterans and individuals with disabilities into roles that have historically been a platform to more senior roles with more revenue-generating potential or leadership opportunities, by offering various initiatives and programs.

(Bloomberg) -- Goldman Sachs Group Inc. is quitting a major climate group for banks, as increasingly complex regulations and US political attacks lead some of the financial industry's biggest firms to rethink such affiliations.

Goldman Sachs’ fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have pulled out amid a political backlash in the US.

All six major US banks — JPMorgan Chase, Bank of America, Goldman Sachs, Citigroup, Morgan Stanley and Wells Fargo — have quit the Net Zero Banking Alliance, according to the new study from the Committee to Unleash Prosperity.

From Goldman Sachs to Morgan Stanley, many of the largest banks in the U.S. are quitting an international climate group amid rising political pressure as the nation enters a second Trump presidency.

Goldman Sachs exits climate coalition for banks - Business and Human Rights Centre

Goldman Sachs faces backlash after backing out of global coalition — here's what it had to say

On October 22, 2020, the U.K. Financial Conduct Authority and the U.K. Prudential Regulation Authority each entered a warning notice (together, the “U.K. Notices”) against Goldman Sachs International (“GSI”), an indirect wholly owned subsidiary of GS Group, relating to GSI’s failure to assess and manage the risks associated with the 1MDB transactions, properly record