Corporate governance - Vigil
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March 25, 2020 10:02 AM
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Japan's Mitsubishi, Chubu Elec completes $4.5 billion purchase of Eneco - Reuters

Japan's Mitsubishi, Chubu Elec completes $4.5 billion purchase of Eneco - Reuters | Corporate governance - Vigil | Scoop.it
Japanese trading house Mitsubishi Corp (8058.T) and Chubu Electric Power (9502.T) said on Wednesday that they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24.
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March 25, 2020 9:33 AM
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Credit Suisse cuts ex-chief Tidjane Thiam’s bonus after spying scandal | Financial Times

Credit Suisse cuts ex-chief Tidjane Thiam’s bonus after spying scandal | Financial Times | Corporate governance - Vigil | Scoop.it
Short-term incentive for 2019 cut by a third, bank’s annual report reveals
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March 25, 2020 9:32 AM
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BMO, Export Development Canada announce financial relief measures for small- and medium-sized businesses

BMO, Export Development Canada announce financial relief measures for small- and medium-sized businesses | Corporate governance - Vigil | Scoop.it
One of Canada’s largest banks and the country’s export credit agency are rolling out targeted relief for small- and medium-sized businesses amid mounting calls for help coping with the intensifying economic fallout from the new coronavirus.
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March 25, 2020 9:29 AM
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‘We may be only half way’: How coronavirus market chaos compares to 2008 financial crisis — podcast

‘We may be only half way’: How coronavirus market chaos compares to 2008 financial crisis — podcast | Corporate governance - Vigil | Scoop.it
Episode 47 in Down to Business podcast from the Financial Post
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March 25, 2020 9:24 AM
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Big Oil may have to break dividend taboo as debt spirals: investors - Reuters

Big Oil may have to break dividend taboo as debt spirals: investors - Reuters | Corporate governance - Vigil | Scoop.it
The world’s biggest oil and gas firms should break an industry taboo and consider cutting dividends, rather than taking on any more debt to maintain payouts as they weather the fallout from the coronavirus pandemic, investors say.
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March 25, 2020 9:15 AM
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Banks in pandemic turmoil | Bruegel

The banking system is critical to society and requires attention and support. In doing so, however, tough love is preferable to complacency.
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March 25, 2020 9:14 AM
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Federal Reserve Taps BlackRock to Purchase Bonds for the Government

Federal Reserve Taps BlackRock to Purchase Bonds for the Government | Corporate governance - Vigil | Scoop.it
World’s largest money manager by assets to purchase agency CMBS on behalf of New York Federal Reserve
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March 25, 2020 9:14 AM
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SEC Gets Win in Test of Authority to Regulate Cryptocurrency Sales

SEC Gets Win in Test of Authority to Regulate Cryptocurrency Sales | Corporate governance - Vigil | Scoop.it
Telegram Group barred from distributing its digital coins while litigation with the agency plays out
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March 25, 2020 9:11 AM
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Occidental Petroleum Cuts Pay for Staff, Executives

Occidental Petroleum Cuts Pay for Staff, Executives | Corporate governance - Vigil | Scoop.it
CEO Vicki Hollub’s salary to be reduced by 81%, as company faces steep decline in oil prices
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March 24, 2020 10:56 AM
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Chevron Plans Cuts to Capital Budget

Chevron Plans Cuts to Capital Budget | Corporate governance - Vigil | Scoop.it
Oil major promises to preserve its dividend in face of low oil prices
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March 24, 2020 10:55 AM
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Bombardier to lay off 12,400 employees as it halts aircraft, rail production in Ontario, Quebec in coronavirus shutdown

Bombardier to lay off 12,400 employees as it halts aircraft, rail production in Ontario, Quebec in coronavirus shutdown | Corporate governance - Vigil | Scoop.it
Factories to shut tonight until April 26
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March 24, 2020 10:47 AM
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Bombardier halts most operations in Canada due to coronavirus - Reuters

Bombardier halts most operations in Canada due to coronavirus - Reuters | Corporate governance - Vigil | Scoop.it
Bombardier (BBDb.TO) pulled its 2020 outlook on Tuesday and said it would halt all non-essential work at most of its Canada-based operations until April 26 to help slow the spread of the coronavirus pandemic.
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March 24, 2020 8:19 AM
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From coal to renewable energy: Inside CEO Dawn Farrell’s ambitious plan to transform TransAlta

From coal to renewable energy: Inside CEO Dawn Farrell’s ambitious plan to transform TransAlta | Corporate governance - Vigil | Scoop.it
Alberta’s edict to phase out coal-fired electricity by 2030 hit the utility with a thud. Here’s how her team pulled ‘the company out of the ditch’ and continued to work toward sustainability
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March 25, 2020 9:56 AM
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Daily chart - March PMIs presage a precipitous recession in America and Europe | Graphic detail

Daily chart - March PMIs presage a precipitous recession in America and Europe | Graphic detail | Corporate governance - Vigil | Scoop.it
Manufacturing sinks, but services plunge
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March 25, 2020 9:33 AM
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Canada’s big banks to limit hours, reduce branches amid spread of coronavirus

Canada’s big banks to limit hours, reduce branches amid spread of coronavirus | Corporate governance - Vigil | Scoop.it
Canada’s six largest banks will cut back operating hours and reduce the number of branches open to the public, dramatic moves to limit in-person banking interactions and create a “reserve” of healthy employees who are able to keep banks running in the event that certain branches are affected by COVID-19.
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March 25, 2020 9:32 AM
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Canadian Malartic, country’s biggest gold mine, shuts down temporarily

Canadian Malartic, country’s biggest gold mine, shuts down temporarily | Corporate governance - Vigil | Scoop.it
Canada’s biggest gold mine is temporarily shutting down under Quebec’s directive to close down non-essential businesses to reduce the spread of COVID-19.
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March 25, 2020 9:26 AM
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Japan's Mitsubishi, Chubu Elec completes $4.5 billion purchase of Eneco - Reuters

Japanese trading house Mitsubishi Corp (8058.T) and Chubu Electric Power (9502.T) said on Wednesday that they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24.
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March 25, 2020 9:16 AM
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Operational Failures and Financial Crises

Past financial crises have been characterized by panics, runs, and restrictions on the availability of credit, and our crisis prevention measures (including capital regulation, deposit insurance, and the lender of last resort) have been adopted in light of this historical experience.
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March 25, 2020 9:15 AM
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Germany OKs big aid package to help companies, self-employed

Germany OKs big aid package to help companies, self-employed | Corporate governance - Vigil | Scoop.it
The German government on Monday approved a massive new package of measures to cushion the devastating effects of the virus outbreak on the economy, bringing the total aid on offer to more than 1 trillion euros ($1.1 trillion).
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March 25, 2020 9:14 AM
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White House Reaches Deal With Lawmakers on $2 Trillion Coronavirus Stimulus Bill

White House Reaches Deal With Lawmakers on $2 Trillion Coronavirus Stimulus Bill | Corporate governance - Vigil | Scoop.it
Legislation to provide direct financial checks to many Americans, expand unemployment insurance, offer health-care providers additional resources
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March 25, 2020 9:13 AM
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Executives Should Look for Help Before They Leap

Executives Should Look for Help Before They Leap | Corporate governance - Vigil | Scoop.it
Firms now offer more support to those who get complex posts for first time; identifying ‘blind spots’
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March 25, 2020 9:10 AM
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INSIGHT: Interested in Joining a Corporate Board? Do Your Due Diligence

INSIGHT: Interested in Joining a Corporate Board? Do Your Due Diligence | Corporate governance - Vigil | Scoop.it
Corporate boards are looking to diversify and grow. Silicon Valley lawyer Louis Lehot, founder of L2 Counsel PC, recommends asking lots of questions and shares 10 tips on how to land a corporate director seat.
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March 24, 2020 10:56 AM
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RBC employees concerned about crowded offices, shared computers after co-workers test positive for COVID-19

RBC employees concerned about crowded offices, shared computers after co-workers test positive for COVID-19 | Corporate governance - Vigil | Scoop.it
Workers tasked with handling 'massive' increase in calls from customers say they are not being allowed to work from home
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March 24, 2020 10:52 AM
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The Impact of COVID-19 on Performance-Based Compensation Programs

As the coronavirus disease (COVID-19) pandemic continues and the economic consequences are becoming increasingly severe, this post examines its impact on public company compensation programs at this time of economic uncertainty and market volatility.
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March 24, 2020 8:21 AM
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Bezos, Other Corporate Executives Sold Shares Just in Time

Bezos, Other Corporate Executives Sold Shares Just in Time | Corporate governance - Vigil | Scoop.it
With the pandemic bearing down on the market, sales by insiders spared them $1.9 billion in paper losses, a Journal analysis shows
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