• Researchers tracked 163 companies over 13 years and discovered they became more open to change and less open to risk after women were hired into top management roles

    6 days ago - By Business Insider

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    Harvard Business Review research points to the positive impacts of having women in C-Suite roles.
    Researchers found organizations with more women embraced transformation while looking to reduce risk.
    See more stories on Insider's business page .
    A company with multiple women executives is more likely to be open to change, according to findings published in the Harvard Business Review on Tuesday. The study looked at several factors to determine the impact of hiring women for C-suite roles on business outcomes, including the rate of appointments by gender; research and...
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  • Businesses and philanthropy unite to fight racial wealth gap

    6 days ago - By Finance Commerce

    The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
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  • Morgan Stanley sold $5 billion in Archegos' stocks just before wave of sales hit rivals, report says

    Morgan Stanley sold $5 billion in Archegos' stocks just before wave of sales hit rivals, report says

    6 days ago - By Business Insider

    Summary List Placement Morgan Stanley sold about $5 billion in shares of now-collapsed hedge fund Archegos Capital Management the night before a massive securities sale took place, CNBC reported Tuesday , citing unnamed sources familiar with the matter.
    Archegos' biggest prime broker sold shares in US media and Chinese tech names to a small group of hedge funds late Thursday, March 25, the report said, adding that Morgan Stanley sold the shares at a discount and told the hedge funds that they were part of a margin call that could prevent the collapse of an unnamed client.
    According to the...
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  • A 20-year veteran of Goldman Sachs just joined Stripe to serve as a top risk manager for the $95 billion fintech

    A 20-year veteran of Goldman Sachs just joined Stripe to serve as a top risk manager for the $95 billion fintech

    6 days ago - By Business Insider

    Summary List Placement A 20-year veteran of Goldman Sachs is leaving the bank to join one of the hottest fintechs in the world.
    Sujatha Srinivasan, a managing director at Goldman Sachs and global co-head of market risk for its global markets division, is joining Stripe as its enterprise risk management lead, according to Srinivasan's LinkedIn.
    Srinivasan announced the news in a post on her LinkedIn page , detailing the departure from Goldman, where she started her career as an analyst in 2001, as "bittersweet." She went on to say she was excited to join Stripe to help it continue its...
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