Yahoo lines up advisers to help fend off activist investor But at the same time, Yahoo’s board has tapped Innisfree M&A — a so-called proxy solicitor firm that specializes in recruiting investor support in board contests — as it girds for a possible ... is sincere,” one Yahoo shareholder said. 02/20/2016 - 9:00 pm | View Link
Morgan Stanley beats forecasts, girds for more cost cuts (Reporting by Richa Naidu and Sudarshan Varadhan; additional reporting by Olivia Oran; Writing by Christian Plumb; Editing by Kirti Pandey and Nick Zieminski) Get stories like this on the Yahoo app and discover more every day. 01/19/2016 - 4:55 am | View Link
Morgan Stanley beats forecasts, girds for more cost cuts a portfolio manager at Hennessy Funds and a Morgan Stanley shareholder. "The best way to get there is through continued cost cuts." Morgan Stanley plans to lean on technology and outsourcing to reach its latest cost-cutting target. Wall Street banks are ... 01/18/2016 - 11:00 am | View Link
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Yahoo! girds for fight with activist investor Loeb owns early six percent of Yahoo! stock. His “Shareholder Slate” of candidates includes himself, Harry Wilson, Michael Wolf, and Jeff Zucker. “After years of failed leadership and poor governance, Yahoo! shareholders have a chance to inject ... 05/2/2012 - 1:00 pm | View Link
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(New York) – Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U. S. National Credit Union Administration (NCUA) said on Tuesday.
The settlement with RBS brings the U. S. regulator’s recoveries against various banks to $4.3 billion in lawsuits over their sale of mortgage-backed securities before the 2008 financial crisis.
NCUA Board Chairman Rick Metsger said the regulator was pleased with the settlement and plans to continue “to pursue recoveries against financial firms that we maintain contributed to the corporate crisis.”
The settlement resolves lawsuits filed in federal courts in California and Kansas in the NCUA’s role as the liquidating agent for Western Corporate Federal Credit Union and U.