The SEC’s anti-crypto banking guidance, SAB 121, is voted down by the House
The United States House of Representatives has approved a bill aimed at overturning controversial Securities and Exchange Commission (SEC) guidance that prohibits banks from holding cryptocurrency.
Activist investors won three board seats at Norfolk Southern
Norfolk Southern's CEO faces increased pressure to boost profits following shareholders' decision to elect three board members nominated by an activist investor.
Lazard Appoints Michele Colocci as Vice Chairman & MD
Lazard, the investment bank, has announced the appointment of seasoned healthcare dealmaker Michele Colocci as Vice Chairman and Managing Director, with the aim of enhancing the growth of its healthcare advisory services.
Wells Fargo Appoints Ex-JP Morgan Executive Fernando Rivas as Co-CEO
On May 8, 2024, Wells Fargo announced the appointment of former JPMorgan Chase executive Fernando Rivas as Co-CEO of its Corporate and Investment Banking (CIB) division, signalling a strategic move to enhance its presence in the Wall Street market.
Alkyl Amines Chemicals Appoints Bhavna Doshi as Independent Director
The Board of Alkyl Amines Chemicals Limited has approved the appointment of Bhavna Doshi as Additional Director (Independent Director) for five years, with effect from May 9, 2024.
Hemanti Prashant Sutaria Joins Ajmera Realty Board as Independent Director
The Board of Directors of Ajmera Realty & Infra Limited appointed Hemanti Prashant Sutaria as an Independent Director for five years, with effect from May 11, 2024.
Manappuram Finance Announces Management Changes
S.R. Balasubramanian, Non Executive Director of Manappuram Finance Limited has resigned from the post of Director of the company due to personal reasons, with immediate effect from May 9, 2024.
Shalimar Paints Reappoints Rajeev Uberoi as Independent Director
The Board of Directors of Shalimar Paints Limited has approved the reappointment of Dr. Rajeev Uberoi as a Non-Executive Independent Director for three years, with effect from May 11, 2024.
ADF Foods Appoints Retired Bureaucrat M. M. Srivastava as Independent Director
The Board of Directors of ADF Foods Limited has appointed M. M. Srivastava, IAS (Retd.), as an Additional Director in the category of Non-executive Independent Director for five years, with effect from May 9, 2024.
CESC Appoints Brajesh Singh & Vineet Sikka as Presidents
The Board of Directors of CESC Limited has approved the appointment of Brajesh Singh as President, Generation, and Vineet Sikka as President, Distribution, with effect from May 9, 2024.
