JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives.

Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.

NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.

The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.

Sheer size doesn't guarantee future growth, though. Indeed, the bigger the organization gets, the more difficult it can be to find new ways to tack on even more size. For any company to be the basis for a life-changing investment, it must be able to firmly outpace the mere rising tide of inflation and population growth.

NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.

Fourth quarter results have been exceptional for US banks, led by Goldman Sachs whose earnings per share (EPS) exceeded expectations by more than 45 per cent.

O JPMorgan Chase e o Goldman Sachs resistem às pressões para reduzir suas iniciativas de diversidade.

JPMorgan Chase said on Thursday that long-serving CEO Jamie Dimon's 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities.

Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.

Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.

While some companies steer away from diversity, equity, and inclusion (DEI) policies, others are sticking with their previous commitments.