Finance

Goldman says it will double hiring of junior bankers from black colleges by 2025

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David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019

Mike Blake | Reuters

Goldman Sachs CEO David Solomon issued new goals to help boost diversity at the Wall Street bank, including a target of doubling the hiring of entry-level bankers and traders from historically black colleges.

Solomon told employees Wednesday in a staff email that after setting goals last year to hire more Black and Latino employees, the New York-based firm had the “highest representation” of Black workers and a majority of women in its 2020 analyst class.

Analysts, typically recent college graduates, are on the lowest…



Source cnbc.com

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