The Rule of Diversity of the ax Goldman Sachs, who ‘served her purpose’

International chief Goldman Sachs said that the bank took away the rule of internal diversity that forbade him to advise all men’s, all white plates about the company’s flotations because they were no longer needed.

The investment bank has promised to help the company sell its shares on the stock market if there are two diverse members of the Committee, one of which had to be a woman.

But Richard Gnodde said to the BBC: “This policy is set to try to start a change in behavior and I think that happened.”

In a wide interview, he also said that the Government of the UK had now been to start and launch infrastructure projects and warned that uncertainty over US policy was a muffled “animal spirit”.

Goldman Sachs introduced his diversity policy on the 2020 committees, initially ordering that the companies they wanted to float had to have to have a variety of members before increasing it to two people.

Mr. Gnodde said, “I think it’s important that you have the diversity of views of that board and if you look at those companies that have all accepted the variety, it has been moved.

“This was politics from a decade ago, I think she served her purpose.”

Last December, the US Federal Appeals Court ruled that Nasdaq, an index of the stock market, could not impose rules that require companies for women and minorities to have in their committees or explain why they did not.

Goldman Sachs spokesman said: “As a result of legal development relating to the demands of the Committee diversity, we have completed the policy of the Committee’s diversity.”

In one of his first works after he swore, US President Donald Trump signed an executive order to end the “radical and wasteful government Dei [diversity, equity, and inclusion ] programs. “

Since then, numerous companies have returned to different employment programs, including Google and Meta, a company that owns Instagram and Facebook.

Asked if the companies stepped down from politics over the diversity because of Trump’s White House, Mr. Gnodde said, “I can only speak for myself, I don’t think that’s the case.

“Our ambitions are to continue running things forward and honestly to go much further than we were.”

However, he admitted that the uncertainty was caused by Trump’s policy on trade tariffs weighed on “animal spirits” and their appetite for investment.

“I think the current mood is on the margin [is] A little tempered, because people are not sure what the outcome of politics will be and exactly what the influence will be, “said Mr. Gnodde.

Trump said at first that he would impose 25% of tariffs in Canada, Mexico and China. However, then he stopped against Canada and Mexico for 30 days.

Since then, the President has subsequently announced that he will impose 25% of tariffs to all steel and aluminums entering the United States, causing angry answers like Canada and the European Union.

Looking at the UK, Mr. Gnodde urged the Government to go to infrastructure projects before later.

Chancellor Rachel Reeves Recently announced her support for the third runway in Heathrow as well as the spread of Luton and Gatwick Airports and the construction of a “growth corridor” between Oxford and Cambridge.

However, these projects are not expected to be completed for many years.

The Government made the growing economy key policy, but the growth of the UK has slowed down, According to official data.

Mr. Gnodde said, “Long -range projects are very interesting. We have to put them in place, but they will last a long time.”

He added: “Let’s find some infrastructure we need to do, whether it is an energy sector, whether it is a transportation, improving the road network, something at the transition of energy.

“All of these plans sit on the treasury table. Why not put them in the competition, get a private sector to bid on the conditions that will be attractive to the private sector, and you will see the competition.”

In a report on the increase in small businesses in Britain, published on Wednesday, Goldman Sachs said: “If there are two things we know from the first six months of new administration in the UK, it is that the growth of an emergency national mission and unlocking unlock is that may be the biggest a challenge that the government was facing. “

Mr. Gnodde said the Labor “sent a strong message at the competition front” Has recently been overthrown by the Chairman of the Competition and Market Directorate.

He added that a government that pulls such a lever can light growth for the UK to be “globally competitive”.

He also suggested that the UK companies must consolidate in order to compete globally.

“How many of these players do we need?” He said. “How many telcos does it need? How many banks do it take? I think the market should drive that if we’re going to compete on a global stage.”