Feb 11 (Reuters) - Goldman Sachs ( GS ) said on Tuesday it has

ended a diversity, equity and inclusion pledge tied to the

investment bank's initial public offering business.

"As a result of legal developments related to board

diversity requirements, we ended our formal board diversity

policy," Goldman spokesperson Tony Fratto said.

"We continue to believe that successful boards benefit from

diverse backgrounds and perspectives, and we will encourage them

to take this approach."

(Reporting by Saeed Azhar in New York and Manya Saini in

Bengaluru; Editing by Arun Koyyur)