Goldman Expands Diversity Push to Support Minority Entrepreneurs

(Bloomberg) -- Goldman Sachs Group Inc. is expanding the mandate of a diversity initiative it rolled out last year to include people of color as it looks to channel more money toward under-served entrepreneurs.

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  • The firm recently instituted a diversity policy that requires at least two diverse candidates be interviewed for any job opening.
  • Solomon will be among bank CEOs testifying in front of Congress later this week, in the first hearing of this kind in a decade. The House Committee on Financial Services session could touch on Goldman’s commitment to diversity.

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