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Goldman in settlement talks over alleged discrimination against female staff

Lawsuit alleges Goldman discriminated against women in terms of compensation, promotion, performance evaluations and business opportunities

The lawsuit alleges that women were paid less than their equally ranked male counterparts and that they had fewer opportunities to move up the ranks
The lawsuit alleges that women were paid less than their equally ranked male counterparts and that they had fewer opportunities to move up the ranks Photo: Getty Images

Goldman Sachs has had settlement discussions aimed at ending a class action lawsuit that alleges the bank systematically discriminated against female employees, according to people familiar with the matter.

The bank and attorneys representing a large group of former and current female Goldman employees have discussed a settlement that could be around a “couple of hundred million dollars”, people familiar with the matter said. That number could change as the trial date gets closer.

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