Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, sent requests to the nation’s 31 largest investment firms—those with $400 billion or more of assets under management—for data on their diversity and inclusion. “We are making progress to ensure a…
Tag: financial services
Shareholders Urge JPMorgan Chase, Wells Fargo to Act on Climate
A coalition of investors — Walden Asset Management, Presbyterian Church USA, and First Affirmative Financial Network — led by shareholder advocate As You Sow recently filed climate-focused resolutions with a large segment of the U.S. banking industry, including JPMorgan Chase, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley. Investor concern is growing regarding…
What the CFPB ‘Commission’ Debate Is Really About | Bank Think
Corporations are happily preparing their wishlists for getting rid of consumer and employee protections under the new administration and the Republican-controlled Congress and Senate. Look for them to be disguised as “reform,” as pointed out in this piece from Adam J. Levitin in American Banker. The financial services industry is pushing hard for Congress to…
ValueEdge Advisors 