Banking giant Goldman Sachs lets in more women

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Goldman Sachs, one of Wall Street's biggest names, is letting in more female partners along with minorities. The investment bank says almost half of its new partners will come from diverse backgrounds. Goldman Sachs has frequently come under fire for its "boys' club" mentality, promoting mostly white men to senior roles. Wall Street's most exclusive clubs. Goldman's partners collectively own a small stake in the firm and get a pay rise to a basic salary of $950,000 (£724,000). On top of this, they also get exclusive access to the bank's private investment funds and a share of future profits from them.

Source: https://www.bbc.com/news/business-54876529


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