Tag:
CtW
Latest Headlines
Latest Headlines
Shareholders meetings this year seem mundane
You might have thought there would be a lot of fireworks at annual meetings of top Wall Street banks. But it hasn't really turned out that way. To be sure, there were some small victories that shareholders might point to. For one thing, Merrill Lynch  has agreed to elect directors an
Bank directors feeling shareholder heat?
We've been talking a bit about whether any big bank board members will be held accountable for the mess the industry is working through. In a victory for angry shareholders, the head of the finance committee at Washington Mutual  has decided to step down. The Financial Times says Mary
Mack prevails with Morgan Stanley shareholders
There was some talk that shareholders might voice unease with the management at Morgan Stanley , which has taken its lumps recently along with other top investment banks. In particular, CtW, a coalition of union pension funds, and ISS, called on CEO John Mack to give up his chairman's role. Ac
Morgan Stanley board supports Mack as chairman
It's in vogue these days for boards to split the CEO and chairman jobs in the name of good corporate governance. You would think it would be an easy sell at Morgan Stanley , where John Mack holds both titles. Well, we're going to find out. As you know, CtW Investment Group, an organization rep
Shareholders to take on Wall Street banks?
Is a shareholder revolt in the making against top banks? Well, that's a possibility, notes the Financial Times . We'll get an idea next month, when Morgan Stanley holds its annual meeting. So far, CtW Investment Group is the only group that is making any noise. It may seek to prevent John
