JPMorgan Chase taps Porretti to lead activism defense in North America
March 4, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) – JPMorgan Chase has hired veteran banker Alfredo Porretti to head its shareholder activism defense efforts in…
Money
Investor coalition pushes Exxon to do more after board refresh
March 4, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) – A coalition of investors that oversees $2.5 trillion in assets urged ExxonMobil on Wednesday to take…
Millions of U.S. households would not get COVID-19 payments under new Biden plan
March 4, 2021 By Andy Sullivan and Jason Lange WASHINGTON (Reuters) – Millions of U.S. households who received coronavirus-relief payments under President Donald Trump would…
Star stockpicker Cathie Wood remains bullish on bitcoin, warns on banks
March 4, 2021 (This March.3 story changes ‘webinar’ to ‘Benzinga’s YouTube channel’ in paragraph 2) By David Randall NEW YORK (Reuters) – ARK Invest founder…
BlackRock still backing stocks after bond market turbulence
March 2, 2021 LONDON (Reuters) – The world’s biggest asset manager BlackRock is still backing stocks after recent market turbulence triggered by rising global bond…
Column: What would a $15 minimum wage in U.S. mean in retirement? Plenty
March 2, 2021 By Mark Miller CHICAGO (Reuters) – One of the many myths about the minimum wage is that it mainly helps teenagers. That…
Ireland’s AIB buys back Goodbody Stockbrokers for 138 million euros
March 2, 2021 DUBLIN (Reuters) – Allied Irish Banks bought back Goodbody Stockbrokers for 138 million euros ($166.2 million) on Tuesday, more than five times…
Loeb’s Third Point hires Goldman research analyst Heath Terry
March 2, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) – Billionaire investor Daniel Loeb has hired a prominent tech research analyst from Goldman Sachs to reinforce…
Southeast Asia’s biggest travel app plans regional fintech expansion before 2021 listing
February 26, 2021 By Fanny Potkin and Anshuman Daga SINGAPORE (Reuters) – Traveloka, Southeast Asia’s largest online travel startup, plans to launch financial services in…