Banks were ownerless corporations whose shareholders gave their governance role a low priority. That’s just one of  the damning conclusions from the UK’s Treasury Committee which has released its third report on the Banking Crisis. The report entitled “Banking Crisis: …

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Vernon Sankey has stepped down as chairman of Photo-Me International with immediate effect, prompting the photo booth operator’s principal shareholders to withdraw an EGM requisition seeking his removal.

 

Cycladic Capital and Principle Capital were seeking the immediate removal of …

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