Wells Fargo’s WFC-2.08%decrease; red down pointing triangle wealth- and investment-management division severed ties to Institutional Shareholder Services, a person familiar with the matter said, the ...
The president’s order takes aim at the proxy advisors’ “radical politically-motivated agendas” which under the orders include matters involving diversity, equity and inclusion (DEI) as well as ...
Jan 7 (Reuters) - JPMorgan Chase's (JPM.N), opens new tab asset management division no longer plans to use proxy advisers in the U.S., according to an internal memo seen by Reuters on Wednesday, a ...
JPMorgan Chase's (JPM) asset management arm is abandoning proxy-advisory firms and will rely on an in-house artificial-intelligence system, called Proxy IQ, to assist on U.S. company votes, the ...
JPMorgan Chase & Co.’s asset-management unit cut ties with proxy-advisory firms and plans to use artificial intelligence to assist with voting US company shares, according to a person with knowledge ...
Lululemon Athletica’s founder has launched a proxy battle to revamp the struggling yoga clothing retailer’s board as the directors search for a new CEO. Chip Wilson, Lululemon’s second-largest ...
White House orders SEC, other agencies to review ISS and Glass Lewis White House says top proxy advisers push "radical" agendas on environment and social issues Proxy advisers have said work for ...
PROTECTING AMERICAN INVESTORS AND RETIREMENT SAVINGS: Today, President Donald J. Trump signed an Executive Order to end the outsized influence of proxy advisors that prioritize radical political ...
President Trump has signed an executive order directing federal regulators to increase scrutiny of proxy advisory firms, arguing that their growing influence over shareholder voting has shifted away ...
President Donald Trump issued an executive order seeking to limit the influence of proxy advisory firms, part of a push to curtail how third-party firms attempt to sway the direction of public ...
Proxy voting was designed to empower investors by giving them a voice in decisions at the companies they own. Today’s proxy process doesn’t live up to that vision. Instead, it has weakened investor ...
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