09:44 AM EST, 02/11/2025 (MT Newswires) -- Goldman Sachs Group ( GS ) is ending a pledge to refuse initial public offering business with companies that have all white, male boards, Bloomberg reported Tuesday, citing a statement from a company spokesperson.

Goldman did not immediately reply to a request for comment from MT Newswires.

GS shares were edging 0.6% lower in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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