By Manya Saini Jan 28 (Reuters) - Wells Fargo's wealth and investment management unit launched an internal proxy voting service on Wednesday, cutting its reliance on big proxy advisory firms that are ...
AST Financial and NuArca have completed a successful scaled-up pilot of their blockchain-based proxy voting solution, ahead of its planned launch in March 2018. The pilot tested the solution’s ability ...
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Wells Fargo switches to in-house proxy voting system
WIM will determine proxy votes for these assets using a policy and set of instructions it has developed.
The bank’s investment management arm becomes the second major asset manager to ditch third-party proxy advisory firms for a proprietary service.
In a speech, Brian Daly backed AI proxy-voting research as a potential response to what he described as an ecosystem ...
In place of external human advisors, the bank is launching an in-house AI tool. The tool, named Proxy IQ, will cover all aspects of the voting process, according to an internal memo. JPMorgan's asset ...
At Tesla’s recent annual meeting, shareholders approved an unusual compensation proposal for CEO Elon Musk – if achieved, he could be the world’s first trillionaire. The vote passed by a comfortable ...
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Exxon Reportedly Rolls Out Auto-Voting System To Boost Retail Investor Participation, Curb Activist Influence
Exxon Mobil Corp (XOM) is reportedly launching a new initiative aimed at boosting retail investor participation in proxy voting by using an automated system that would help the oil producer reduce the ...
Wells Fargo Wealth & Investment Management has launched its own proxy voting service, deciding voting matters internally. The firm is expanding its use of Broadridge Financial Solutions' (NYSE:BR) ...
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