Nations Funds plans to shake up its board
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The board of Bank of America Corp.'s Nations Funds has asked most of its longstanding members to step down in a house-cleaning effort aimed at satisfying New York Attorney General Eliot Spitzer, who last year accused the trustees of allowing a hedge fund to improperly trade its funds.
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The once-clubby atmosphere of the public company boardroom has undergone a makeover during the past several years, as board members become more willing to flex their muscle and aggressively press management for changes.
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With the appointment of Ray Jennings as coach, the United Cricket Board of South Africa is hoping to bring about a change in fortune for the national side.
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Carl Icahn attempts a board shakeup at Biogen.
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The stock exchanges in the United States would be forced to tighten their governance and move toward separating their self-policing function from their business operations under a plan proposed by federal regulators on Tuesday.
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The United Nations unveiled a sweeping proposal to overhaul the organisation, including the Security Council, in what would be the biggest UN reform since its founding in 1945.
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International Monetary Fund policymakers are expected Sunday to back a sweeping reform movement at the 61-year-old institution, giving emerging market nations a stronger voice and expanding the scope of its operations.
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Squabbling over voting clout soured   the International Monetary Fund's annual meeting on Sunday as   countries lined up to find fault with a plan crafted to reflect   a shifting balance of power in the world economy.
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Cairn Capital will restructure a debt fund that ran into trouble borrowing cash through commercial paper.
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HSBC, the UK's largest bank, is targeted for a shake-up by a high-profile US group of activist investors.
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The Football Association has given the go-ahead for a national football centre to be built following a board meeting.
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The body that decides who will set accounting rules in the United States plans on Tuesday to propose changes aimed at enabling the Financial Accounting Standards Board to act faster.
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The United Nations proposed the most sweeping reforms in its history yesterday, recommending the overhaul of its key decision-making organ, the Security Council, and holding
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This is sad. Kofi Annan convenes a grand council of the great and the good of international diplomacy and asks them to come up with a new charter that re-invents the United Nations.
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The United Nations proposed the most sweeping changes in its history today, recommending the overhaul of its key decision-making organ, the Security Council, and suggesting
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An anti-corruption unit at the World Bank heavily promoted by ousted president Paul D. Wolfowitz needs to be overhauled to mend tense relations with the rest of the bank's staff, according to a report released yesterday by a high-level outside review panel.
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The World Bank and member countries are moving to help poor nations tackle corruption, after months of discussions.