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New Goldman Sachs' report reveals historic underfunding at HBCUs
  + stars: | 2023-07-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Goldman Sachs' report reveals historic underfunding at HBCUsGizelle George-Joseph, Chief Operating Officer of the Goldman Sachs Global Investment Research Division, and CNBC’s Sharon Epperson discuss why historically black colleges and universities in the U.S. remain underfunded.
Persons: Goldman Sachs, Gizelle George, Joseph, Goldman, CNBC’s Sharon Epperson Organizations: Goldman Sachs Global Investment Research Division Locations: U.S
David Solomon had been shrinking the size of Goldman's partner ranks to make it more exclusive. On Wednesday, the firm named 80 new partners, its largest class since Solomon became CEO in 2018. Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018. Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses.
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