Third Point’s Loeb slams activists after UK fund chairman quits
LONDON (Reuters) - Hedge fund Third Point's boss Dan Loeb on Thursday blamed the departure of the chairman of the firm's London-listed fund on "inexperienced" and "juvenile antics" of activist
UBS CEO expects more local bank consolidation than European deals
ZURICH (Reuters) - UBS Chief Executive Ralph Hamers said on Tuesday he expects to see more local mergers and acquisitions than cross-border consolidation in the European banking industry.
SEC’s Coates says agency should help create ESG disclosure system
February 22, 2021 By Ross Kerber (Reuters) – A new U.S. Securities and Exchange Commission official said the agency “should help lead” the creation of...
Investor group warns livestock industry needs to do more on methane
By Simon Jessop and Ana Mano LONDON/SAO PAULO (Reuters) - A global push to cut methane emissions and end deforestation is at risk of being held back by weak corporate efforts in the livestock industry
Yen at its weakest in 50 years in real terms – J.P. Morgan
By Kevin Buckland TOKYO (Reuters) - The yen's real effective rate has tumbled to its lowest level in 50 years and the currency is set to fall even further, slashing Japanese consumers' spending power
JPMorgan Chase taps Porretti to lead activism defense in North America
March 4, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) – JPMorgan Chase has hired veteran banker Alfredo Porretti to head its shareholder activism defense efforts in...
Treasury, IRS issue latest payment batch; many by check, debit card
March 22, 2021 WASHINGTON (Reuters) – The U.S. Treasury said on Monday it has issued the next round of economic impact payments from President Joe...
Soaring retirement healthcare price tag calls for some careful planning
May 18, 2021 By Mark Miller CHICAGO (Reuters) – How much will healthcare cost you in retirement? Your mileage will vary – but this much...
Investor coalition pushes Exxon to do more after board refresh
March 4, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) – A coalition of investors that oversees $2.5 trillion in assets urged ExxonMobil on Wednesday to take...
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