Previous close | 17.72 |
Open | 17.72 |
Bid | 18.40 |
Ask | 18.65 |
Strike | 20.00 |
Expiry date | 2025-01-17 |
Day's range | 17.72 - 17.72 |
Contract range | N/A |
Volume | |
Open interest | 1.94k |
Goldman Sachs and Bank of America will face challenges on Wednesday as proxy advisers recommend investors vote for the banks to separate their CEO and chairman's roles, in an effort to improve the companies' governance. With support from influential proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis, some investors are leaning towards supporting shareholder resolutions to split the roles, but getting wider support will be tough. "I would love for a company on the echelon of Goldman Sachs to separate those two roles so there's more oversight," said David Wagner, a portfolio manager at Aptus Capital Advisors, which owns Goldman shares.
Key Insights Given the large stake in the stock by institutions, Bank of America's stock price might be vulnerable to...
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