Bank of America Merrill Lynch Archives - Sustainable Value Investors

Companies, Corporate Governance, Financial Institutions, Racial and Gender Diversity / 17.07.2020

Morgan Stanley sued by former Head of Diversity for racial discrimination and retaliation

Ms. Booker, former Global Head of Diversity at Morgan Stanley, has pursued legal action against the bank claiming that she was fired last December after having pushed a plan aimed at helping black financial advisors. Last June, Marilyn Booker has pursued legal action against Morgan Stanley for...

ESG, Senza categoria / 14.12.2019

US$ 534 bn of market value has been lost due to ESG controversies

Major ESG-related controversies during the past six years were accompanied by market capitalization losses of $534 billion for large US companies over the past 5 years, according to an analysis by Bank of America Merrill Lynch. The research shows that "90% of bankruptcies in the...