There’s no small irony that Lloyds Banking Group will be asking 2.8 million private shareholders to back its £13.5 billion fundraising, the biggest deal of its kind in UK history, on the same day that Sir David Walker makes his …
Read MoreRiskMetrics is to governance as Microsoft is to Internet browsers: discuss.
No, not the next MBA dissertation topic for students to grapple with – but it’s certainly worth a thought. And that’s not just Manifest’s view either. Two members of …
Read MoreDell, the world’s second largest PC maker has agreed strengthen its accounting and corporate governance rules as part of a settlement tied to an investigation into its past accounting procedures. At the same time it will will also pay $1.75 …
Read MoreThe government investigator charged with examining the collapse of the three Icelandic banks, Ólafur Þór Hauksson, has confirmed that 22 policemen and six French and Norwegian accountants have raided the offices of KPMG and PricewaterhouseCoopers (PwC) in Reykjavik, seizing documents …
Read MoreIntesa Sanpaolo, Italy’s biggest retail lender and the by-product of the takeover of Sanpaolo IMI by Banca Intesa is an excellent case study of a) how not to construct a post-merger board and b) how not to engage with shareholders …
Read MoreUBS shareholders now have six months to decide whether to file actions against the board after voting down the 2007 director liability discharge resolution.
A total of 52.8% of shareholders voted against the discharge for 2007 with 46% in support. …
Read MoreThe Financial Reporting Council (FRC), the UK’s corporate governance regulator, wants to hear from institutional investors in the UK and overseas about its proposals for a new “Stewardship Code” aimed at creating best practice principles for investors when engaging with …
Read MoreAfter weeks of will they, won’t they and political horse-trading Britain’s top banks have committed to implement the remuneration reforms agreed by the G20 in Pittsburgh.
The five banks, Barclays, HSBC, Lloyds, RBS, and Standard Chartered – have confirmed their …
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