Washington Post (November 4)
America may still be “the world’s leading scientific research power, but competition is growing more fierce.” Even though “it’s a dangerous time to dull the country’s competitive edge,” Trump’s moves against universities have done just that. “Scientists in the United States increasingly see European bureaucracy as a safer setting for conducting their cutting-edge research than their home country’s own institutions.” The European Research Council “has seen a surge in applications,” with “nearly triple the number of proposals from Americans compared with the year before.”
Tags: Applications, Bureaucracy, Competition, Competitive edge, Cutting-edge research, ERC, Europe, Fierce, Leading, Power, Proposals, Safer setting, Scientific research, Trump, U.S., Universities
Institutional Investor (May 31)
Last December, “the SEC proposed a set of trading reforms detailing significant changes on vital features such as tick size, the access fee cap, and competition for retail orders.” NASDAQ broadly supports the moves, but worries that “they may not accomplish what the SEC is trying to accomplish” or lead to “unintended consequences that harm liquidity.” Instead, NASDAQ and others believe the SEC “should sequence the proposals rather than do them simultaneously and pause periodically to assess the impacts and determine whether additional reforms are warranted.”
Tags: Access fee cap, Assess, Competition, December, Impacts, Liquidity, Nasdaq, Proposals, Retail orders, SEC, Sequence, Tick size, Trading reforms, Unintended consequences
Institutional Investor (June 10)
“From 2006 to 2015, only four ESG shareholder proposals at companies in the Fortune 250 passed with majority votes. But in recent years, institutional interest in ESG proposals has undergone a dramatic transformation: From 2016 to 2021, 41 ESG shareholder proposals passed.” With ESG proposal now regularly passing, we’ve reached “a milestone for ESG integration.”
Tags: 2006, 2015, 2016, 2021, ESG, Fortune 250, Majority votes, Milestone, Passing, Proposals, Shareholder
Euromoney (March Issue)
“As Basel III was an admission that Basel II got things wrong, Basel IV is a clear recognition that there is much that is wrong with Basel III.” Judging from their reactions, bankers aren’t terribly excited about proposals that would among other things, “restrict banks’ use of internal models to determine their capital requirements and to limit their freedom to measure risk.”
Tags: Bankers, Basel III, Basel IV, Capital requirements, Freedom, Internal models, Proposals, Risk
New York Times (June 27)
Japanese shareholders are “starting to show their teeth.” Shareholders have been unusually vocal at the annual general meetings of major Japanese companies this year. “Shareholder meetings this summer have been marked by a flurry of proposals from investors challenging the management—opposing board appointments, for example, or simply expressing anger at executives.”
Japanese shareholders are “starting to show their teeth.” Shareholders have been unusually vocal at the annual general meetings of major Japanese companies this year. “Shareholder meetings this summer have been marked by a flurry of proposals from investors challenging the management—opposing board appointments, for example, or simply expressing anger at executives.”
Tags: AGMs, Japan, Management, Proposals, Shareholders
