DEI tussle: Goldman Sachs’ tryst with diversity shows that talk is cheap
This Wall Street firm’s CEO David Solomon has rejected calls to reverse its diversity, equity and inclusion (DEI) programme.
The list of CEOs voicing support for their companies' DEI initiatives is growing
Christian Sewing, the CEO of Deutsche Bank, is the latest to express support for his company's DEI initiatives.
Wells Fargo raised Charlie Scharf’s pay to $31.2M in 2024
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
Trump leads a pushback against DEI, but these companies are not backing down
More than a dozen major U.S. companies have made headlines for rolling back their diversity, equity and inclusion (DEI) programs over the past year, but many are still standing firm.
Barclays follows JP Morgan with office policy change set to affect thousands of workers
One of the UK’s most successful entrepreneurs, Lord Sugar, has backed calls for employees to return to the office full time. On his BBC show The Apprentice, he said he wants to see all workers back in ...
Deutsche Bank CEO Joins Dimon, Solomon in Resisting DEI Attacks
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc.
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Deutsche Bank misses profit targets as Q4 earnings fall 92%; BoE’s Andrew Bailey warns against relaxing mortgage limits
Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to ...
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Japan's SoftBank Earmarks Up to $25 Billion for OpenAI: Report
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become ...
Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
Companies like Costco and Apple are defending their DEI programs despite nationwide pushback—These are the companies standing by their policies
But even as the tide sharply turns against DEI, not everyone is abandoning ship. Many major companies have made public ...
Goldman Sachs hires Amazon exec in senior AI engineering role
Goldman Sachs has hired Daniel Marcu from Amazon.com as its global head of artificial intelligence engineering and science to ...
Goldman Still Talks DEI But Isn't Backing It Up: Beth Kowitt
Goldman Sachs CEO David Solomon has failed to increase diversity in the company’s leadership, with only 3 women out of 17 executives on the management committee.