Animal welfare, DEI and more: Banks face votes on hot topics [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
The number of shareholder proposals that made it onto the annual ballots of large, publicly traded banks is down this year following new Securities and Exchange Commission guidance that made it easier for companies to exclude proposals from their proxies. Nonetheless, many big banks will again face off this spring against outside groups that are hoping to shape their policies on politically charged issues. At the 10 largest U.S. banks by asset size, the topics that will be the subject of shareholder votes include animal welfare, debanking and Indigenous people's rights. What follows is a guide to hot topics at the big banks' upcoming annual meetings. Animal welfare oversight is the subject of shareholder proposals filed with at least two of the nation's largest banks, Bank of America and Citigroup . The motions were filed by John Harrington, president and CEO of Harrington Investments, an investment firm based in Napa, California. A similar proposal last year, also filed by H
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