Officials tapped by the Obama administration to lead the Trans-Pacific Partnership trade negotiations have received multimillion dollar bonuses from CitiGroup and Bank of America, financial disclosures obtained by Republic Report show. Stefan Selig, a Bank of America investment banker nominated to become the Under Secretary for International Trade at the Department of Commerce, received more
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Today, Bank of America held its annual shareholder meeting in Charlotte, North Carolina. As hundreds protested the bank’s heavy-handed political giving outside, a group of shareholders inside voted on various resolutions. Charlotte Observer business reporter Andrew Dunn notes that all shareholder resolutions failed. But a resolution calling on the company to disclose more about its
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Bank of America will be holding its annual shareholder meeting in Charlotte, North Carolina, on May 9th. A group of shareholders led by Trillium Asset Management will be introducing a resolution calling on the megabank to cease all political donations, as these “contributions can backfire on a corporation’s reputation and bottom line.” For example, retail giant
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