U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources

WASHINGTON (Reuters) – The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of... Read more »

U.S. cruise line company Lindblad names directors backed by ValueAct to its board

BOSTON (Reuters) – Lindblad Expeditions on Thursday said it named two independent directors backed by activist investment firm ValueAct Capital, which owns a nearly 10% stake in the adventure... Read more »

Settlement talks between First United, Driver Management break down

BOSTON (Reuters) – Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist investor... Read more »

New CEO pay limits loom as investors confront coronavirus crisis

BOSTON/LONDON (Reuters) – The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a... Read more »

Julius Baer nominates Meissner, Shih for board seats

ZURICH (Reuters) – Swiss wealth manager Julius Baer Group nominated former Bank of America Merrill Lynch investment banking head Christian Meissner and UBS Asia veteran Kathryn Shih for seats... Read more »

Senator hedge fund’s founding duo to split; Klabin will leave firm

BOSTON (Reuters) – Hedge fund Senator Investment Group told clients on Thursday that its founding partners are splitting up, ending one of the industry’s more profitable and durable professional... Read more »

Celebrity lawyer Michael Avenatti is found guilty in Nike extortion case

NEW YORK (Reuters) – A U.S. jury on Friday found Michael Avenatti guilty in a criminal trial accusing the celebrity lawyer of trying to extort Nike Inc out of... Read more »

U.S. accuses Huawei of stealing trade secrets, assisting Iran

NEW YORK (Reuters) – U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the... Read more »

U.S. adds new charges to its case against Huawei

FILE PHOTO: The Huawei logo is pictured at the IFA consumer tech fair in Berlin, Germany, September 6, 2019. REUTERS/Hannibal Hanschke/File Photo NEW YORK (Reuters) – The U.S. government... Read more »

China film industry’s ‘bleak winter’ deepens as coronavirus adds to censorship woes

BEIJING/SHANGHAI (Reuters) – Even before the new coronavirus, people working in Chinese entertainment had been calling the industry’s struggles their “bleak winter” – as tighter censorship, a crackdown on... Read more »