In the Margins
United Continental Holdings Inc. and two big investors have settled a fight over the makeup of the airline's board of directors. United will appoint two directors chosen by PAR Capital Management Inc. and Altimeter Capital Management LP to its board, and a mutually agreed-upon third director will be named in the coming months. Also, United will name Robert Milton, a former Air Canada chief executive, as non-executive chairman. Read the original story from The Wall Street Journal.
Most Read
Over the past several weeks, I have written articles exploring conflicts of interest that could challenge a variety of financial industry participants. Those articles explored potential ...
The Securities and Exchange Commission seems poised to grant exemptive relief to one of the earliest applicants seeking to offer an exchange-traded fund share class, just ...
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...