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Is Stakeholder Primacy Dead in Banking?

For decades, the principle of shareholder primacy dominated, making life simple for banks: maximize the banks’ owners’ returns. Recently, a concept of stakeholder primacy has surfaced that directs banks to disperse resources to all stakeholders and even to causes with little benefit to stakeholders. But is this tactic profitable for banks? ....

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William J. Pasenelli Elected 126th Chair of Maryland Bankers Association


William J. Pasenelli Elected 126th Chair of Maryland Bankers Association
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The Maryland Bankers Association today announces the appointment of William J. Pasenelli, Vice Chairman & CEO of Community Bank of the Chesapeake, as its new Chairman.
Through his election as MBA’s 126th Chairman, bankers across Maryland acknowledge the deep respect they have for him as a banking leader.
ANNAPOLIS, Md. (PRWEB)
June 09, 2021
William J. Pasenelli, Vice Chairman & CEO of Community Bank of the Chesapeake, was elected 2021-2022 Chairman of the Maryland Bankers Association (MBA) at MBA’s 126th Annual Meeting on June 8. In this new role, he will lead the Association’s Board of Directors and Executive Committee and work directly with the MBA’s President and CEO on all matters relating to the banking industry. ....

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The Remittance Effect: Global Citizens Emerge as Economic First Responders of the Developing World - Iberonews


The Remittance Effect: Global Citizens Emerge as Economic First Responders of the Developing World
DENVER (Business Wire)
Texto completo a continuación
Person-to-person ( P2P ) international transfers, or remittances, sent by global citizens to their homelands represent the largest foreign economic support structure for developing economies. According to a new report by Oxford Economics, commissioned by Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement, remittances have helped smooth COVID-19 pandemic-induced economic shocks, increasing the resilience of developing nations throughout 2020 and presenting a potential lifeline for recovery in 2021 and beyond.
The Remittance Effect: Global Citizens Emerge as Economic First Responders of the Developing World (Graphic: Business Wire) ....

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The Remittance Effect: Global Citizens Emerge as Economic First Responders of the Developing World


The Remittance Effect: Global Citizens Emerge as Economic First Responders of the Developing World
Wednesday, January 27, 2021 3:08PM IST (9:38AM GMT)
New Oxford Economics Report
Denver, United States:
 
Person-to-person ( P2P ) international transfers, or remittances, sent by global citizens to their homelands represent the largest foreign economic support structure for developing economies. According to a new report by Oxford Economics, commissioned by Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement, remittances have helped smooth COVID-19 pandemic-induced economic shocks, increasing the resilience of developing nations throughout 2020 and presenting a potential lifeline for recovery in 2021 and beyond.
 
The Remittance Effect: Global Citizens Emerge as Economic First Responders of the Developing World (Graphic: Business Wire) ....

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