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...In a governance reshuffle intended to signal independence and to reflect its growth, SBTi incorporated as a limited company last year and added independent trustees to its board....
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...The bank said in a statement that any decision to build its “internal capacity” in nuclear power would require broad shareholder support from the World Bank’s Board of Executive Directors, with board decisions...
...However, the board of the State Street Global Advisors Luxembourg Sicav, an open-ended investment fund structure, told investors earlier this month that it will not reduce the settlement cycle of its funds...
...“In fact, Disney has not alleged any specific injury from any board action,” the court’s opinion states. “Its alleged injury . . . is its operating under a board it cannot control.”...
...This week, an ill-judged statement from its board of trustees has put that hard-won reputation at risk — not least among SBTi’s own staff....
...York for Miami has put a strain on everything in the Sunshine State....
...Georgieva said she was “deeply grateful for the trust and support” the board had placed in her....
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...The board of trustees is chaired by Pat Sajak, a former TV game show host and a supporter of multiple right-wing political candidates....
...Aaron Kinsey, chair of the Texas State Board of Education, in a letter asking for the decision to be reconsidered.* BlackRock declined to comment on the size of red state ESG-related divestments....
...A board that is poorly governed or makes bad decisions will struggle to set meaningful internal emissions targets or establish a systematic way of meeting them....
...On its merits, however, the Colorado high court has reasonable grounds for removal of Trump from the state’s primary ballot....
...In a lengthy statement that did not signal a shift in US policy but was repeatedly critical of the Jewish state, the president said he was “outraged and heartbroken” by the deaths of workers from World Central...
...The most fundamental duty of any state is to keep its citizens safe, from external or internal threats, but also from the state itself. This balancing act challenges all liberal democratic states....
...Trusts can be set up in a number of ways, including through outright gifting, but also on the back of a will....
...It was Dunn who persuaded her board at BGI to launch in a full suite of ETFs. Thus, in 2000, the iShares ETF brand was born....
...The committee “initially considered all US states as well as the possibility of incorporating outside of the US”, before drawing up a 10-state shortlist — California, Delaware, Florida, Maryland, Nevada,...
...Still, fund managers trust Şimşek to lead this job and, crucially, to keep Erdoğan on side, and have proven willing to dip back into Turkish assets for the first time in years since his reappointment....
...An influential paper by James Coombs of Florida State University concludes that CEO power simply overwhelms board independence. Of course there will always be governance horror shows....
...He served as chair of trustees of the National Gallery between 1985 and 1991 and chair of the Heritage Lottery Fund from 1994 until 1998....
...Its investors include state pension schemes in California, Texas, Florida and Iowa as well as investment funds in Canada, Australia and across Europe....
...The group has been slowly chipping away at BlackRock’s lead in US exchange traded funds, currently one of the hottest parts of the asset management industry....
...Political churn has not helped: between 2021 and 2022, the levelling up department changed secretary of state five times....
...The visit is the latest leg of the president’s tour of swing states to shore up votes ahead of November’s election....
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