Financial Stability

Nasdaq-listed firms to meet board diversity targets

By Justin Pugsley
BRR fallback image

The move, reflecting the ‘S’ in environmental, social, governance (ESG), will pressure other exchanges and financial firms to follow suit. The news was welcomed by the ruling US Democratic Party and by some banks, such as Goldman Sachs. Though some Republicans dismissed the measures as a “one-size-fits-all quota”. 

On August ...

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