In the Margins
The state treasurers of Connecticut and Illinois, along with other investors, have called on Wells Fargo to require an independent board chair to strengthen oversight in the wake of the fake account scandal. Connecticut Treasurer Denise Nappier said the investor group has filed a shareholder resolution for the San Francisco bank's annual meeting next spring seeking a change in its bylaws. Read the original story from Reuters.
Most Read
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...