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News & Updates
October 14, 2016 Europe Car Sales Hit September RecordSource: NY Times
Car sales in Europe grew by 7 percent last month, reaching their highest September total on record as the climb out of the industry's worst crisis ever continued.
October 13, 2016 Deutsche Bank Said to Implement Hiring Freeze as CEO Cuts CostsSource: Bloomberg
Deutsche Bank AG is implementing an across-the-board hiring freeze as Chief Executive Officer John Cryan seeks to lower costs and shore up investor confidence, according to people familiar with the matter.
October 12, 2016 Toyota recalls 340,000 Prius hybrid cars for faulty brakesSource: USA Today
TOKYO - Toyota Motor Corp. is recalling 340,000 gas-electric hybrid Prius cars around the world, 212,000 of them in Japan and 94,000 in North America, for a defect in their parking brakes.
October 12, 2016 Nobel Winner Says CEO Pay Too Complex, Echoing Investor GripeSource: VOA
A 2016 Nobel Prize winner said executive pay plans have grown too complex and cited the overuse of consultants, remarks that pay specialists on Tuesday said echoed the complaints of many investors about ever-more detailed...
October 12, 2016 Toyota, Suzuki say exploring possible partnershipSource: Yahoo News
Japan's Toyota Motor Corp and minivehicle maker Suzuki Motor Corp said they plan to explore a possible partnership, citing technological challenges and the need to keep pace with rising consolidation in the global auto industry.
Dodd-Frank has reinvented investor-board discourse. The 2,300-word document produced a greater level of transparency for stakeholders, and subsequently, an ever-increasing number of repercussions in the boardroom and beyond.
October 11, 2016 Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDBSource: Reuters
Singapore's central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB.
October 11, 2016 Heads Up for the 2017 Proxy Season: ISS Annual Survey Results Signal Policy Changes - Board Refreshment is Top of Mind for InvestorsSource: Lexology
ISS has released its annual global policy survey results, foreshadowing potential changes to its voting policies for the 2017 proxy season. The results primarily reflect the views of institutional investors and corporate issuers.
October 11, 2016 Russia's Rosneft boss Sechin says no to OPEC oil capSource: Reuters
Igor Sechin, Russia's most influential oil executive and the head of state-controlled energy giant Rosneft (ROSN.MM), said his company will not cap oil production as part of a possible agreement with OPEC.
October 11, 2016 Samsung halts Galaxy Note 7 sales over fire concerns, maybe for goodSource: Reuters
Samsung Electronics Co Ltd (005930.KS) halted sales of its Galaxy Note 7 smartphones on Tuesday and told owners to stop using them while it investigates reports of fires, fuelling expectations the tech giant will scrap the...
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