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...Herro added that Abrdn also suffered from a “lack [of] strong product with good track records”....
...“It has been a measurable drag on our performance,” Herro said. “You can’t win every time — it is the business I am in....
...“There was one person in this organisation through this whole period of rot: chairman Urs Rohner,” said David Herro, chief investment officer of Harris Associates, a longtime investor in the bank that sold...
...David Herro, deputy chair of US investment firm Harris Associates, said the firm sold its stake in Abrdn last year because it “lacked confidence that management could repair the business.”...
...US investment firm Harris Associates, which has more than $100bn in assets under management, “sold the stock last year as [we] lacked confidence that management could repair the business”, David Herro, the...
...US investment manager Harris Associates, whose deputy chair and chief investment officer David Herro was for years among the Swiss bank’s most prominent supporters, owned as much as 10 per cent of Credit...
...“The policy is tragic,” said David Herro, a chief investment officer at US investment manager Harris Associates, the sixth-largest shareholder in Intesa Sanpaolo, Italy’s largest bank....
...David Herro, deputy chair of the $99bn asset manager Harris Associates, has been a longtime owner of top-10 stakes in European banks including Lloyds, Credit Suisse and BNP Paribas....
...Former top investor David Herro, of Harris Associates, has also criticised a deal Körner approved with a board member....
...“[Ubben] is someone certainly we would strongly consider voting for if he were on the ballot for [Bayer’s] supervisory board,” said David Herro, chief investment officer of international equities at Harris...
...David Herro, chief investment officer of Harris Associates, the bank’s largest current shareholder, was more supportive: “We welcome the aggressive approach Credit Suisse is taking to stabilise and improve...
...“We are encouraged that management is taking steps to realise the inherent value in Credit Suisse by improving upon their strengths and shedding their weaknesses,” said David Herro, vice-chair of US asset...
...Rohner’s pay package was criticised last year by David Herro of investment firm Harris Associates, a top five shareholder in Credit Suisse, following a spate of scandals....
...David Herro, vice-chair of US asset manager Harris Associates, one of the bank’s top-five investors, said he was “speechless”....
...David Herro, vice-chair of Harris Associates, which says it owns 10.25 per cent of the stock, said: “It’s the director’s job to represent the shareholders and to watch over management . . ....
...Herro has been a vocal critic of the board’s steering of Credit Suisse since Thiam’s departure....
...David Herro, vice-chair of Harris, which says it owns 10.25 per cent of the stock, told the Financial Times this week: “It’s the director’s job to represent the shareholders and to watch over management...
...David Herro, vice-chair of Harris Associates and one of the bank’s largest shareholders, has called for Rohner to give up his final year’s pay....
...David Herro, vice-chair of Harris Associates, which says it owns 10.25 per cent of the stock, said he hoped the arrival of a new chair — former Lloyds Bank chief executive António Horta-Osório — on April...
...“Martin cannot let it go,” Mr Herro added. “This is the way old school admen work. To me it is disgusting. If he is so disappointed in WPP why does he not make a bid for it or sell his shares?”...
...“His record on risk management through his tenure was awful,” said David Herro, vice-chair of Harris Associates, pointing to the bank being caught up in the Luckin Coffee, Wirecard and, more recently, Greensill...
...“Antonio learned a lot at Lloyds and will be able to help Thomas and the management team as a good mentor and leader,” said David Herro, vice-chairman of Harris Associates, a $90bn asset manager that is...
...“They have plenty of capital, the virus will fade, new lockdowns aren’t as severe and the paying of dividends is a form of stimulus,” Mr Herro added....
...“Urs Rohner was more than asleep at the wheel,” says David Herro, vice-chair of Harris Associates, which owns 10.25 per cent of Credit Suisse stock and last year led a campaign to unseat him....
...It was clear the team was gelling as early as December, as seen in Butler, Herro and Bam Adebayo's delightful joshing in this video from Slam Online....
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