Agenda – Pay and Risk Misalignment a ‘Friction Point’

Citibank’s disclosures in its proxy statements claiming compensation is tied to risk mitigation apparently weren’t enough to convince regulators that execs were addressing risk appropriately….While the financial services industry might have made strides, the compensation committee at Citigroup has work to do to become compliant with the OCC, according to the regulator. Citibank, which did…

Investors Call on Corporate Managers to Adopt COVID-19 Policies

From the Interfaith Center on Corporate Responsibility: We are 195 long-term institutional investors representing over $4.7 trillion USD in assets under management with global exposure across capital markets. We recognize the long-term viability of the companies in which we invest is inextricably tied to the welfare of their stakeholders, including their employees, suppliers, customers and…