Bloomberg Business

Sunak Wants EU Passport Checks Deal After Post-Brexit Chaos

Rishi Sunak wants to leverage the UK’s improved relationship with the European Union into a deal to make it easier for Britons to travel to the bloc, people familiar with the matter said, after recent high-profile border delays undermined the government’s narrative about the benefits of Brexit.

First Republic Shares Plunge After Earnings Call Without Questions

First Republic Bank’s decision not to take questions during its earnings call might have cost the bank, with shares dropping to an all-time low in intraday trading as analysts parse a challenging quarter without additional details from management.

UK’s Biggest Fund Manager Says ESG Backlash Misses the Point

The politicization of the acronym ESG risks overshadowing its power to drive returns for shareholders, according to the head of investment stewardship at the UK’s biggest asset manager, Legal & General Investment Management.

Wells Fargo Investors Overrule the Board in Favor of Annual Harassment Report

A majority of Wells Fargo & Co. investors voted in favor of a shareholder proposal requesting an annual public report on the firm’s efforts to prevent harassment of and discrimination against protected classes of employees, bucking the board’s recommendation to vote against it.

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