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


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…


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