Co-op Group members all set to vote on major overhaul plan

Representatives of the Co-op Group are all set to vote on a proposed major overhaul of the 150-year-old organization that will decide its future.

While former City Minister Lord Myners has proposed a major overhaul of the group, saying it is necessary to keep the group afloat; traditionalists within the group may oppose the proposal as are reportedly still denying problems.

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WPP joins shareholders’ revolt against Chime’s remuneration policies

Advertising giant WPP, the top shareholder in PR firm Chime, on Friday joined shareholders' revolt against the company's remuneration policies at its annual general meeting.

Nearly 25 per cent of Chime shareholders refused to support its future pay/remuneration policy for its executives, while 22 per cent of the shareholders turned down its last year's remuneration report.

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Boasting, indiscreet & vulgar comments aren’t OK: Colin Fan

London-based investment banker Colin Fan has warned traders that making boastful, indiscreet and vulgar comments could have serious consequences for your career.

Mr. Fan, the joint boss of Deutsche Bank's 'casino' division, said that some traders' communications were falling short of established standards, making a dent in the bank's reputation.

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Pfizer-AstraZeneca deal is not inevitable: Pascal Soriot

Pfizer's takeover bid for AstraZeneca is not inevitable and the Anglo-Swedish pharmaceutical giant can create value for its shareholder on its own, according to AstraZeneca CEO Pascal Soriot's claims.

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E.ON didn’t place enough rules & checks: admits CEO Cocker

After being slapped with a £12 million payout order by regulator Ofgem, energy supplier E. ON's chief executive has admitted that the company has failed to place enough rules and checks to avoid the latest mis-selling scandal.

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