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Tag: Wells Fargo

BlackRock Bets on Its ESG Record

BlackRock Bets on Its ESG Record

BlackRock Bets on Its ESG Record

As the manager of $8.7 trillion in assets, BlackRock has a big voice in the business community. It famously exercises that voice in an annual letter to CEOs, which in recent years has called on corporations to embrace socially conscious bus...

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Banks and Shareholders at Odds Over Racial Equity Audits

Banks and Shareholders at Odds Over Racial Equity Audits

Banks and Shareholders at Odds Over Racial Equity Audits

Last year, the consultants at McKinsey & Company set out to study racial equity in the financial sector. The firm’s report concluded that the industry gets dramatically whiter the further you go up the corporate ladder. McKinsey’s resea...

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Roaring hippos and CEO pay

Issuers Put the $ in ESG

Roaring hippos and CEO pay

Public companies have been talking a big game on ESG for years. Now they’re putting their money where their mouth is. Well, some of them are. Of the 100 largest U.S.-based public companies, 36 are now using ESG-related metrics in their exec...

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Stocks of fruits and vegetables under CARES Act.

Federal Reserve Forces Banks to Stock Up on Capital

Stocks of fruits and vegetables under CARES Act.

Just when it felt like we were getting past the coronavirus, the resurgent disease is forcing government officials to tighten their controls. It’s happening in the Sunbelt, where governors are reversing course and shuttering bars, gyms and...

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How pouring liquor into shot glass can be measured

SEC Won’t Let Companies Get Intoxicated by KPIs

How pouring liquor into shot glass can be measured

Was Diageo PLC overserving its distributors? The Securities and Exchange Commission certainly seems to think so. The SEC announced charges last month against the London-based liquor company related to allegations that its North American sub...

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