News Formal

Credit Suisse investor furious over state intervention to set up emergency merger

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Ethos Foundation is considering legal action over override of shareholder vote in deal with UBS

One of Credit Suisse Group’s biggest shareholder groups says the rushed merger of its bank with UBS Group at the weekend is an unprecedented breach of shareholder rights that may scare off institutional investors.

Ethos Foundation, which acts as a proxy adviser for pension funds and other members holding between 3% and 5% of the bank’s stock and $400bn in assets, said on Monday that it is considering the possibility of legal action over the sale. However, options through the courts are currently limited. ..

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Credit Suisse investor furious over state intervention to set up emergency mergerEthos Foundation is considering legal action over override of shareholder vote in deal with UBS
Bron: BDliveSA - 🏆 12. / 63 Lees verder »