In the Margins
BNY Mellon shareholders elected Steven Black as a director, effective immediately, bumping the board up to 12 members. Black, 65, has been co-CEO of private equity firm Bregal Investments since September 2012 and previously was vice chairman of JP Morgan Chase & Co. He also serves on the Nasdaq board. Read the announcement from BNY Mellon.
Most Read
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...