Corporate Governance News
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Nigerian banks’ ratio of non- performing loans to total credit plunged to 3.8 percent in April from 35 percent in November 2010 as bad debt was shifted to a government-sponsored agency, the central bank said.
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Royal Caribbean Cruises Ltd. shareholders approved an non-binding resolution to eliminate staggered terms for directors, dealing a defeat to Chairman and Chief Executive Officer Richard Fain.
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Tim Cook’s tenure at the helm of Apple Inc. has been a crash course in crisis management.
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Royal Caribbean Ltd.’s largest investor is challenging Chairman and Chief Executive Officer Richard Fain by supporting a plan that could lead to a board shakeup at the second-largest cruise operator.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, weathering a push to divide the roles after the largest U.S. bank suffered a record trading loss.
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Deutsche Bank AG, continental Europe’s biggest bank, is asking investors to replace three non- bankers supervising its executives with finance and legal experts after litigation-related costs eroded profit last year.
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Royal Caribbean Ltd.’s largest investor is challenging Chairman and Chief Executive Officer Richard Fain by supporting a plan that could lead to a board shakeup at the second-largest cruise operator.
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For 60 years, the name of Berthold Beitz has been synonymous with Germany’s biggest steelmaker, ThyssenKrupp AG, at first for his role in rebuilding the former arms supplier and helping it break with its Nazi past.
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Swiss stocks rose to their highest level in more than five years after the country’s equity market reopened following the Whit Monday holiday, as the Swiss franc fell against the euro.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.
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