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Shareholder group fights pay package for Baer’s Collardi, again
April 3, 2016 by elegant · Leave a Comment
Julius Baer Chief Executive Officer Boris Collardi's 6.16 million-Swiss franc ($6.44 million) pay package has hit resistance, with a shareholder group announcing it will oppose the compensation at the April 13 annual general meeting. Actares, also known as Association of Shareholders for Sustainable Business, published its recommendation against Collardi's 2015 pay on its website on Friday. Collardi's compensation has been an issue before, when in April 2013 nearly two-thirds of shareholders voted against the
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Shareholder group fights pay package for Baer’s Collardi, again
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El-Erian: Markets front-run Fed in tightening financial conditions
February 4, 2016 by publisher · Leave a Comment
By Jennifer Ablan NEW YORK (Reuters) – Mohamed El-Erian, the chief economic adviser at Allianz SE , said on Thursday that with volatility rising, the markets effectively have served as front-runners to the Federal Reserve in tightening global financial conditions. “I doubt we will see the four rate hikes signaled a few weeks ago by Fed officials,” El-Erian said. “Two hikes are likely, if not less.” William Dudley, president of the Federal Reserve Bank of New York, said on Wednesday that financial conditions have tightened considerably…
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El-Erian: Markets front-run Fed in tightening financial conditions