Vernon Hill survives proxy challenge at Metro Bank in U.K.
Metro Bank had worked to win shareholder support by raising fresh capital and cutting ties with Hill's wife's design firm. ... Read full article
News Topic: Proxy advisory firms
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Say Watt? Former FHFA head gets sniffy about his misconduct, and proxy pressure builds
Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. ... Read full article
Proxy advisers support Ohio bank in battle with activist investor
Stilwell Group is trying to win a board seat at Wayne Savings Bancshares. ... Read full article
Megabanks lead fight to curtail influence of ‘social impact’ investors
Investors concerned about the impact on banking of climate change, the pay gap and ethics matters are pushing back against a coalition of the heads of the biggest U.S. banks and other public companies that wants to limit small investors’ access to proxy ... Read full article
PrivateBancorp setting new date for shareholder vote on sale to CIBC
The Chicago company postponed a vote planned late last year after a surge in bank stocks changed the math behind the cash-and-stock transaction. ... Read full article