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Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.
September 24 -
Charles Scharf has since apologized that his comments in a virtual meeting this summer were "misinterpreted."
September 23 -
While some big Wall Street firms are seeking to get staff back to the office, there are already signs of how challenging that could be.
September 22 -
That decision was “heavily debated” and so far the company has found that its operations have fared well with remote work, Jose Minaya said at a conference.
September 18 -
The firm’s talent-analytics associate director had claimed the company hired fewer women than men and that she was paid less than her male counterparts.
September 18 -
Representation of women and minorities remains “startlingly” low.
September 17 -
BlackRock’s CEO said he fears big ideas and impromptu “water-cooler moments” will be lost as businesses operate remotely via video conference calls.
September 17 -
Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts.
September 15 -
Jane Fraser has led the bank’s response to the coronavirus pandemic in North America, including its plans for returning its workers to offices around the U.S.
September 11 -
The new order applies to managing directors and executive directors who oversee subordinates, according to a person briefed on the plans.
September 11 -
The project includes moving large customer deposits out of its Swiss entity into the bank’s main UBS legal unit, people familiar with the matter say.
August 20 -
Increasing Black representation poses challenges that adding women may not: Most women elected to boards had professional connections with the white men who still dominate boardrooms.
August 19 -
During Andy Kalbaugh’s tenure with the No. 1 IBD, its headcount grew by more than 50% to nearly 17,000 reps.
August 14 -
There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.
August 13 -
It’s enough to frustrate star traders, leaving them vulnerable to poaching by hedge funds willing to pay more.
August 12 -
Ben Meng’s downfall raises questions about who would succeed him in a job that attracts so much unwelcome attention, not to mention navigate a pandemic.
August 10 -
Institutions large and small are either creating new positions or elevating existing diversity heads to C-suite roles. Will the moves help banks improve equality within their ranks and better serve their communities?
August 9 -
Here’s what leaders around the world say must be done.
August 7 -
In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.
July 24 -
Mike Santomassimo is succeeding John Shrewsberry, who has held the role for the past six years.
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