Billionaire investor Albert Frere, a leading shareholder in ...
Jan 8th, 2011
(AFP/BELGA/File) - Billionaire investor Albert Frere, a leading shareholder in energy groups Total and GDF Suez, said he was "appalled by this chaotic situation which could have long-lasting effects on the Belgian economy. The markets will be merciless if the country does not emerge promptly from this unprecedented hell," he said.(AFP/BELGA/File) -
(Reuters) - JPMorgan Chase & Co has yet to convince three of its largest shareholders to support the company in an upcoming vote on whether Jamie Dimon should retain both his CEO and Chairman titles, the Wall Street Journal said. Some investors are pushing for a separation in Dimon's roles and seeking more oversight due to the "London... [Full Article]
By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were set for a higher open on Friday, putting the S&P 500 on track to rebound from its worst decline in nearly three weeks and on pace for its fourth straight weekly advance ahead of data on consumer sentiment. The benchmark S&P index fell 0.5 percent in the prior session, its biggest de... [Full Article]
By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johns... [Full Article]