BlackRock’s Fink defends stakeholder capitalism as “not ‘woke’
By Akriti Sharma and Ross Kerber (Reuters) -Larry Fink, chief executive of the world's biggest asset manager BlackRock Inc, has defended a shareholder movement that pushes companies to focus on the
Swiss bank UBP boosts assets under management 8.8% in 2021
ZURICH (Reuters) - Swiss bank Union Bancaire Privee said assets under management rose 8.8% in 2021 to 160.4 billion Swiss francs ($175.40 billion), helped by favourable market conditions and net
Asset owners pledge to at least halve portfolio emissions by 2030
By Simon Jessop LONDON (Reuters) - A group of the world's largest asset owners managing $10.4 trillion said on Tuesday they would step up their response to climate change and aimed to at least halve
Oil could jump by $20 if Ukraine crisis worsens, says BofA
(Reuters) - Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research said on Tuesday, adding that
Your time is valuable: Here is how to negotiate for more at work
By Chris Taylor NEW YORK (Reuters) - When Maryam Sabbagh was negotiating to join a new PR agency last fall, she was not just thinking about the money.
Goldman appoints Sarsfield to co-run asset management unit – Bloomberg News
(Reuters) - Goldman Sachs Group Inc has appointed Luke Sarsfield to co-head its $1.7 trillion asset-management business, Bloomberg News reported on Sunday.
Activist fund Starboard nominates four directors to Huntsman board
By Svea Herbst-Bayliss (Reuters) - Activist hedge fund Starboard Value LP has nominated four directors, including its own chief executive, to Huntsman Corp's board, arguing that new members would help
Temasek adds stakes in Robinhood, other consumer-focused companies
By David Randall NEW YORK (Reuters) - Singapore state investor Temasek Holdings added new positions in a number of consumer-focused companies during the quarter that ended Dec. 31, including
Four ways to navigate the holiday tipping vortex
By Chris Taylor NEW YORK (Reuters) - When it comes to holiday tipping, is America a nation of Scrooges? That is what Ted Rossman wondered.
UK’s Virgin Money lifts margin outlook as card spending reaches pre-COVID levels
(Reuters) - British challenger bank Virgin Money UK increased its annual net interest margin outlook on Tuesday, as it benefits from rising interest rates and credit card spending recovery to