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>>5766644 lb
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Goldman Sachs sets targets for Hispanic and black entry-level hires
(Reuters) - Goldman Sachs Group Inc is setting targets for hiring minority groups for the first time as it ramps up efforts to diversify its workforce, according to a memo sent by top executives to employees on Monday.
The Wall Street bank, which last year said it wanted women to make up half of its entry-level workforce, now is aiming to ensure that 14 percent of new analysts and associates in the Americas are Hispanic or Latino and 11 percent of them black, according to the memo, which was seen by Reuters.
In Britain, Goldman Sachs wants 9 percent of its entry-level workforce to be black.
The bank, whose senior executives are primarily white and male, did not set targets for more experienced employees, but is now requiring businesses to interview at least two qualified diverse candidates for each open position.
Goldman Sachs said in the memo it is “nearly there” with the targets it announced last year for campus hiring, and is exploring ways to increase the portion of staff who are lesbian, gay, bisexual, transgender, disabled or veterans.
David Solomon, who took over as chief executive of the bank in October, has been vocal about increasing diversity. He and two deputies sent the staff-wide memo ahead of disclosures on its gender pay gap that are required in Britain.
Last year, Goldman Sachs reported a mean gender pay gap in Britain for its international business of 55.5 percent and a mean bonus gap for the unit of 72.2 percent. Other companies, including HSBC Plc, fared worse.
Goldman Sachs is not alone on Wall Street in its diversity and gender equality campaign. Citigroup Inc has also set goals to have half its global staff to be women, and 30 percent of its staff to be black and Hispanic or Latino in the United States.
https://www.marketscreener.com/CITIGROUP-INC-4818/news/Goldman-Sachs-sets-targets-for-Hispanic-and-black-entry-level-hires-28188490/?countview=0
Wall St. advances ahead of Fed policy meeting
'reminder to anons that this begins tomorrow
NEW YORK (Reuters) - Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy.
Following the S&P 500’s best week since November, the benchmark index ended the session about 3.3 percent below its all-time high reached in September. All three major U.S. indexes closed in positive territory.
The Dow’s fourth straight advance ran into headwinds from Boeing Co, which fell 1.8 percent as the company faced increasing scrutiny following a fatal crash in Ethiopia on March 10. The drop in shares of the world’s largest plane maker extended last week’s 10.3 percent decline and was the heaviest weight on the blue-chip index.
The Fed’s two-day policy meeting begins on Tuesday. Investors anticipate the U.S. central bank will reinforce its dovish approach toward further interest rate hikes.
“There’s always trepidation going into a Fed meeting,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Anything that gives visibility to the potential for future rate hikes is going to keep people on the sidelines.”
The Dow Jones Industrial Average rose 65.23 points, or 0.25 percent, to 25,914.1, the S&P 500 gained 10.46 points, or 0.37 percent, to 2,832.94 and the Nasdaq Composite added 25.95 points, or 0.34 percent, to 7,714.48.
Of the 11 major sectors in the S&P 500, eight closed in the black, with energy, consumer discretionary and financial companies enjoying the biggest percentage gains.
The prospect of extended OPEC supply cuts sent crude prices to four-month highs, which boosted energy companies, while news of upcoming initial public offerings (IPOs), notably from ride-hailing service Lyft, sent the banking sector higher.
“With markets close to all-time highs again, you see IPOs popping out of the woodwork,” Ghriskey said.
The communications services sector was the largest percentage loser, weighed down by Facebook Inc.
https://www.reuters.com/article/us-usa-stocks/wall-street-inches-higher-ahead-of-fed-policy-meeting-idUSKCN1QZ19K?feedType=RSS&feedName=businessNews
fuck you newfag. that shit gets posted every damn bread.
every bread isn't good enough. KYS
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KYS joobag. It's here EVERY BREAD MULTIPLE TIMES.
==NOT A NOTABLE AF=
like your shillbag buddy just posted.