Goldman needs to do more to encourage female employees - says Goldman

Business Woman

Despite making some progress in recent years, Goldman Sachs has not raised the proportion of women in its workforce to an adequate level, especially in senior management, one of its top executives said on Wednesday.

Reuters reports that David Solomon, the Wall Street bank’s co-president and co-chief operating officer, said Goldman has been accelerating its recruiting efforts over the past year to attract more women. The percentage of women in its 2018 full-time analyst class was in the high-40s, he said, up from the low-40s last year.

Still, it will take more time to see full workforce parity, Solomon added.

“We’ve made a bunch of progress in the last 20 years in financial services, but not nearly enough,” he said at an event at the New York Stock Exchange on women in leadership positions.

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