BOSTON/NEW YORK Institutional Shareholder Services Inc expects its staff to keep increasing at a clip of more than 10% a year even after its takeover by German stock exchange operator Deutsche Boerse AG, ISS' chief executive said on Thursday.
NEW YORK/BOSTON Progressive groups and investors hope Democratic presidential nominee Joe Biden can win on Tuesday and quickly end Trump administration rules that stifle their ability to pick stocks using environmental, social or governance factors, setting up a renewed fight with corporate groups that backed the changes.
NEW YORK/BOSTON The U.S. Department of Labor on Friday finalized a rule clarifying that pension fund managers must put retirees' financial interests first when allocating investments, rather than other concerns such as climate change or racial justice.
NEW YORK A group representing U.S. pension funds says the head of an Apollo Global Management Inc committee overseeing the investigation of CEO Leon Black's ties to late financier and convicted sex offender Jeffrey Epstein is not independent.
Earlier this year, a flood of major U.S. companies pledged to address racial inequality and promote social justice after Minneapolis police killed George Floyd, a Black man, setting off protests across the country.
NEW YORK, Oct 22 Asian stocks were set for
cautious gains on Friday after positive U.S. economic data and
signs of progress in stimulus talks in Washington lifted Wall
SHANGHAI/NEW YORK, Oct 22 Asian shares fell on
Thursday and U.S. Treasury yields ticked lower as investors
fretted over the slow pace of U.S. stimulus talks and a surge in
global cases of COVID-19.
Oct 21 Apollo Global Management Inc said
on Wednesday it would launch an independent review of Chief
Executive Leon Black's ties with late financier and convicted
sex offender Jeffrey Epstein, as some of the private equity
firm's investors issued statements for the first time expressing
NEW YORK, Oct 21 Asian investors prepared for
rough trading on Thursday after a bumpy session on Wall Street
amid fears that agreement on a key U.S. stimulus bill will not
be reached until after the presidential election on Nov. 3.
TOKYO/NEW YORK, Oct 21 Asian shares and U.S.
stock futures rose on Wednesday as renewed hopes for a new round
of U.S. stimulus drew money into equities from government debt.