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Cohan agrees. Even though Goldman Sachs responded quickly, including rolling out some changes, he doesn’t see these actions as a bellwether for progress in these organisations. “I think [these banks] view the grievances like the Goldman presentation as the price of doing business… But the reality is it’s harder to get a job at Goldman Sachs [in the US] than it is to get into Harvard.” (Goldman Sachs provided an earlier statement, but did not respond to BBC Worklife requests for additional comment by time of going to press.)

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