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Lloyds Ethnic Diversity Plan Is ‘Credit Positive,’ Moody Says

In light of the increasing emphasise being placed on the importance of ethnic diversity in the workplace, Lloyds Banking Group PLC is making efforts to improve staff diversity.  Moody's Investors Service, has called these efforts "credit positive". Measures outlined in the UK bank's "Race Action" plan, which includes promoting more black employees to senior roles [...]

By |2020-10-11T13:41:56+00:00July 25th, 2020|Uncategorized, voice|0 Comments

Representation matters – Goldman Sachs CEO wants more diversity in bank leaders now

Goldman Sachs Chief Executive Officer David Solomon said Wednesday there is "no excuse" why the bank's recruits from top U.S. universities are not more diverse, and said he wants to move faster to increase diversity among the bank's senior ranks. Goldman has set some of the most aggressive and specific goals among the big banks [...]

By |2020-10-11T13:42:09+00:00July 23rd, 2020|voice|0 Comments

Goldman Sachs executive’s email making plea for racial equality goes viral at firm

An e-mail by a Mr Frederick Baba, a managing director at Goldman Sachs Group Inc, about his experiences of racial injustice and criticising managers at the Wall Street bank for not supporting junior bankers from diverse backgrounds went viral at the firm. On the e-mail, Mr Baba shared a detailed account of his experiences witnessing [...]

By |2020-10-11T13:42:18+00:00June 5th, 2020|voice|0 Comments