Corporate governance - Vigil

German asset manager accused of misleading investors about its sustainable investing efforts

The publisher of Forbes magazine will go public through a merger with a blank-check firm in a deal that values the combined entity at $630 million, the companies said on Thursday, as part of a broader consolidation of the media industry in recent months.

Delta Air Lines has opened a new front in the push by companies to get employees vaccinated against the coronavirus. Yesterday, Delta said that workers who aren’t vaccinated by Nov. 1 will have to pay an additional $200 per month to remain on the airline’s health plan. More companies are considering imposing such fees on the unvaccinated, following the airline’s lead.

In less than two weeks, El Salvador will become the first country to adopt bitcoin as a national currency. No one knows what comes next.

RBC and National both saw strong growth across its banking, wealth management and capital markets units

Of the 224 investment portfolios from roughly 150 asset managers the institutional data and analytics firm surveyed, less than a third of them (29%) have at least one woman on the portfolio management team, according to the report. Meanwhile, only 13% have a woman in a lead or co-lead position, and 7% have a woman as their CEO.

The House narrowly passed a measure approving a $3.5 trillion budget blueprint and locking in a late September vote on a roughly $1 trillion infrastructure bill.

Companies including Zoom Video Communications Inc. and Norwegian Cruise Line Holdings Ltd. have sold billions of dollars of shares this year.

Directors generally view their jobs as primarily supporting managers, not monitoring them

Canadian insurer Canada Life Assurance Co. and telecommunications giant Rogers Communications Inc. are the latest federally regulated companies to announce policies that will require employees either to be fully vaccinated before they return to offices this fall, or to take frequent COVID-19 tests if they can’t or won’t be inoculated.

Provincial health officer Dr. Bonnie Henry says starting Sept. 13 a new order will require proof of having had a single dose of a vaccine to access certain social and recreational activities, as well as businesses.

Just in time for Canada’s bank earnings season, the country’s sixth largest bank is stepping up its game by announcing on Monday that it would be scraping its online trading commissions, calling it the “most competitive online brokerage fee structure on the Canadian market.”

New technologies will transform global banking but rushing risks great harm to the system

The climate crisis is at high risk of becoming an economic crisis.

The annual federal budget deficit is on track to hit $3 trillion this year

South Korea became the first developed economy in Asia to raise interest rates since the beginning of the pandemic, a signal that policy makers see rising household debt and inflation as a bigger threat to the economy than the resurgence of the virus driven by the Delta variant.

Several Bay Street law firms are joining a wave of Canadian companies that now require employees to be fully vaccinated to return to the office.

Only 6 percent of board seats at Japanese companies are held by women. After years of unkept promises, these businesses are now facing pressure both at home and abroad to diversify.

Fear of Covid-19 and youths’ changing priorities leave factory owners in a pinch, as demographic challenges mount

A wave of legal action targets blank-check companies whose deals have gone south or which may have violated investment regulations

Bank of Nova Scotia and Bank of Montreal kicked off Canadian lenders’ third-quarter reporting on Tuesday by exceeding profit expectations, driven by lower provisions for credit losses than estimated and as their Canadian banking units improved from a tough quarter a year ago.

Canada’s big banks are starting to see demand for loans return as they prepare to report earnings, but the highly contagious Delta variant has created a new wave of uncertainty about whether the economic rebound can keep its momentum.