Activist investors

HomeStreet prevails in battle with activist investor


All of the Seattle company's directors, including CEO Mark Mason, were backed by shareholders despite a challenge by Blue Lion Partners.


Fed seeks to clarify bank control framework


The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.


Activist investor to fight for HomeStreet board seats


Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.


Goldman to curb commodities trading; activist turns up heat on Barclays


Once a moneymaker and executive training spot, the business is no longer cost-effective; Edward Bramson wants a board seat.


Wells Fargo bends to critics in its latest response to scandals


In a lengthy report released Wednesday, the bank pledged to protect whistleblowers, better handle customer complaints and re-examine its lending practices.


Shutdown boosts payday lenders; CEO pay growth far outpaces rank-and-file


Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.


Amex suspends foreign currency boss; Deutsche bonuses may shrink


The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money.


Mortgage rates drop; activist investor ups pressure on Barclays


4.5% rates could trigger more homebuying and refinances; Sherborne Investors wants a seat on the bank’s board so it can facilitate change.


Activist investor hires heavy hitter for fight with HomeStreet


Blue Lion Capital said Johnny Guerry, who was sparred with other community banks, will assist in efforts to pressure the Seattle bank to improve its performance or sell itself.


Fed allows investor to boost stake in CapStar


The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%.