WIM will determine proxy votes for these assets using a policy and set of instructions it has developed.

By Manya Saini Jan 28 (Reuters) - Wells Fargo's wealth and investment management unit launched an internal proxy voting service on Wednesday, cutting its reliance on big proxy advisory firms that are ...

AST Financial and NuArca have completed a successful scaled-up pilot of their blockchain-based proxy voting solution, ahead of its planned launch in March 2018. The pilot tested the solution’s ability ...

The bank’s investment management arm becomes the second major asset manager to ditch third-party proxy advisory firms for a ...

In place of external human advisors, the bank is launching an in-house AI tool. The tool, named Proxy IQ, will cover all aspects of the voting process, according to an internal memo. JPMorgan's asset ...

In a speech, Brian Daly backed AI proxy-voting research as a potential response to what he described as an ecosystem ...

Wells Fargo Wealth & Investment Management has launched its own proxy voting service, deciding voting matters internally. The firm is expanding its use of Broadridge Financial Solutions' (NYSE:BR) ...

At Tesla’s recent annual meeting, shareholders approved an unusual compensation proposal for CEO Elon Musk – if achieved, he could be the world’s first trillionaire. The vote passed by a comfortable ...

Forbes contributors publish independent expert analyses and insights. Sarah Williamson covers capital markets and long-term strategies. In June, Texas passed Senate Bill 2337, which imposes ...