PONTE VEDRA BEACH, Fla./ BOSTON, April 25- Wells Fargo& Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for a dozen directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting. "Wells Fargo stockholders today have sent the entire Board a clear message of dissatisfaction,"...
PONTE VEDRA BEACH, Fla./ BOSTON, April 25- Wells Fargo& Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for several directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting. "Wells Fargo stockholders today have sent the entire Board a clear message of dissatisfaction,"...
CNBC's Leslie Picker speaks to Wells Fargo chairman Stephen Sanger and CEO Tim Sloan following the annual shareholder meeting an re-election of all 15 directors.
Wells Fargo re-elects all 15 directors at contentious shareholders meeting. CNBC's Leslie Picker reports.
NEW YORK, April 25- The effect of currency market fluctuations on U.S. corporate results in the fourth quarter of 2016 was down sharply from a year earlier, a report from currency risk consulting firm FiREapps showed on Tuesday. For the fourth quarter of last year, the negative impact of currency fluctuations on North American companies- including the United...
CNBC's David Faber reports that Arconic has announced it is pushing its annual shareholder meeting back due to the ongoing proxy fight between the aerospace company and Elliot Management.
BOSTON, April 21- A high-stakes shareholder vote at Wells Fargo& Co next week will determine whether the bank has done enough to retain investor confidence after its phony-account scandal, and whether a leading proxy adviser wields enough clout to help oust most of its board. In one of its toughest shareholder notes, Institutional Shareholder Services...
CNBC's Sue Herera reports on a statement from Elliott Management over the resignation of Arconic CEO Klaus Kleinfeld.
Arconic board member is actively looking for a replacement for CEO, reports David Faber.
Arconic board member David Hess will serve as the company's interim CEO, reports CNBC's David Faber.
Facebook CEO Mark Zuckerberg has evolved considerably in the past decade, Buzzfeed reports.
LONDON, April 13- Pressure on British companies to ditch a common performance-related bonus scheme blamed for generating excessive executive pay has not stopped many firms from planning to stick with such schemes for another three years, a Reuters analysis shows. Lawmakers in Britain last week recommended LTIPs be phased out from 2018, while Norway's...
Leaders of American companies are willing to take more risk than Congress, says the Business Roundtable's former president.
CNBC's Wilfred Frost reports Barclays CEO Jes Staley is being investigated by regulators on both sides of the Atlantic for breaking rules in trying to unmask a whistle blower.
Admiral William McRaven, U.S. Navy (Ret.) and "Make Your Bed" author, discusses how changing the way you do the little things can improve your life in a big way.
Michael Garland, NYC Pension Funds; Simon Krinsky, Hall Capital Partners; and Cliff Robbins, Blue Harbour founder & CEO, talk about ethical investing and why environmental, social and governance factors top their list.
Robert Safian, Fast Company editor, discusses how commerce and conscience intertwine at Facebook, Uber and other Silicon Valley tech companies.
The head of South Korea's Samsung Group, Jay Y. Lee, may be stuck in a jail cell but he is allowed plenty of visitors.
BlackRock planned on Monday to put new pressure on companies to explain themselves on issues including how climate change could affect their business as well as boardroom diversity.
BOSTON, March 13- BlackRock Inc, which wields outsized clout as the world's largest asset manager, planned on Monday to put new pressure on companies to explain themselves on issues including how climate change could affect their business as well as boardroom diversity. The move by BlackRock, a powerful force in Corporate America with $5.1 trillion under...