Corporate governance - Vigil

Coroner Géhane Kamel’s inquest details multiple troubling episodes where the pandemic turned LTCs into charnel houses

The French group released pricing for an upcoming initial public offering on Wednesday valuing the group at up to €4bn. In Europe’s near zero interest rate environment, stable cash flows generated by everything from bridges to hospitals increasingly attract investors. Along with a post-Covid building boom, infrastructure investment is a hot property.

SoftBank Group is committing $3 billion to kickstart a second fund focused on investing in start-ups in Latin America, the Japanese tech conglomerate announced Tuesday.

Goldman Sachs Group Inc. is buying specialty lender GreenSky Inc. for $2.2 billion, striking a deal it hopes will further its reinvention from Wall Street powerhouse to Main Street player.

Pagaya Technologies Ltd. is going public through a merger with a special-purpose acquisition company that values the financial-technology startup at about $9 billion, the companies said.

t is no secret that the U.S. Securities and Exchange Commission (SEC) has recently ramped up its focus on environmental, social and governance (ESG) disclosures. In February 2021, Acting Chair of the SEC Allison Herren Lee directed the Division of Corporation Finance to enhance focus on climate-related disclosure in public company filings, including reviewing the extent to which public companies address the topics identified in the SEC’s 2010 Guidance Regarding Disclosure Related to Climate Change. Then, in March 2021, she requested public comment on climate change disclosures , and new SEC rules on climate risk and human capital disclosures are expected to be proposed yet this year.

Spain has announced a €3bn raid on energy companies’ profits and tax cuts for consumers as it tries to contain political damage caused by soaring electricity and gas prices that are putting pressure on governments across Europe.

Chevron will spend $10bn over the next seven years to increase its renewable energy production and cut its carbon pollution, as pressure mounts on US oil producers to clean up their operations.

Mr. Scherr, 57 years old, led the firm’s yearslong push into Main Street banking before being named CFO in 2018. He will be succeeded at the end of the year by Denis Coleman, a leveraged-finance banker who has spent 25 years at the firm.

Sysorex ("Sysorex" or the "Company"), the preeminent, U.S.-based, publicly traded Ethereum mining and technologies company, today announced that it has elected William B. Stilley, III to the Company's Board of Directors and as Chair of the Board's Audit Committee.

Reporting requirements hinder engagement between shareholders and companies

‘Pragmatic’ move to avoid more strain on supply chains pushes date back from October 1

Growth across a range of Chinese economic indicators pulled back sharply in August, as a new outbreak of the Covid-19 Delta variant and tighter government regulations on the property market hit consumer spending and the housing sector.

Goldman Sachs has agreed to buy online loans provider GreenSky for $2.2bn, as the Wall Street investment bank continues to build its presence in consumer lending.

Microsoft Corp.’s board approved a plan to buy back as much as $60 billion of its stock, extending the tech giant’s extensive repurchase program at a time when Congressional Democrats have proposed taxing companies that do buybacks.

Microsoft didn’t provide a timetable for the repurchases. It said Tuesday the program doesn’t have an expiration date and could be terminated any time.

Goldman Sachs Group Inc. is buying specialty lender GreenSky Inc. GSKY for $2.2 billion, striking a deal it hopes will further its reinvention from Wall Street powerhouse to Main Street player.

Crypto funds are a new financial intermediary that trade in cryptographically protected digital assets, known as coins or tokens. Both the number of crypto funds and investments in crypto funds are soaring. As of the second quarter of 2021, more than 800 crypto funds are active, and their aggregate assets under management exceed $60 billion. The trend is likely to continue, as crypto funds returned an average of 98 percent  (before fees) to their investors in the first quarter of 2021.

The ability to identify a firm’s shareholders is essential to modern corporate governance practice. Corporate managers, activist hedge funds, shareholder proposal sponsors, and other market actors all use this information in their efforts to shape corporate action.

This information—the identities of a company’s investors—seems elementary, if not downright primitive. In today’s world of algorithmic traders, machine learning, and robo-advisors, a list of a company’s shareholders doesn’t exactly get the blood pumping. It’s easy to see how it could come to be taken for granted.

The ability to identify a firm’s shareholders is essential to modern corporate governance practice. Corporate managers, activist hedge funds, shareholder proposal sponsors, and other market actors all use this information in their efforts to shape corporate action.

This information—the identities of a company’s investors—seems elementary, if not downright primitive. In today’s world of algorithmic traders, machine learning, and robo-advisors, a list of a company’s shareholders doesn’t exactly get the blood pumping. It’s easy to see how it could come to be taken for granted.

When it comes to Federal Reserve interest-rate policy, what inflation is doing now matters much less than what it will be doing next spring.

Activist investor TCI Fund Management has formally requested a special meeting of Canadian National’s shareholders and named four individuals it will nominate for the railroad’s board of directors.

The shares are expected to begin trading on the Nasdaq Global Select Market on Tuesday, September 14, 2021

Global gas shortage, low wind output and strong demand push costs higher across Europe