Loop Capital, Goldman Sachs and Google Launch Cash Management Solution to Help Close Racial Wealth Gap

Essence Magazine:

By Jasmine Browley ·September 19, 2021 Updated

Last year, Goldman Sachs pledged to help further racial wealth equity. Looks like they’re partnering up with Black-owned asset management firm Loop Capital and Google to hold steady on their promise. 

As a part of their One Million Black Women initiative, the industry giants launched a new money market fund that will benefit Black women pursuing careers in STEM.  The aim will be to diversify the asset managerial talent

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