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Bankia is a financial institution based in Spain. Co. is primarily engaged in operations in the banking sector. Co.'s business operations are structured into seven areas: Retail Banking, Business Banking, Private Banking, Asset Management and Bancassurance, Capital Markets and Holdings. Co. offers financial products and services to various customer segments, such as individuals, small and medium enterprises, large corporations, as well as public and private institutions. As of Dec 31 2014, Co. had total assets and total customer deposits of Euro233,648,603,000 and Euro106,806,698,000 respectively.
Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.
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As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide.
A continuación destacamos los principales mensajes del Conference Call de Rdos. 3T’19 que acaba de terminar: Objetivos’19. (i) la entidad ha mencionado que 2019 finalizaría con un M. Intereses unos c. -10 M euros por debajo de 2018 (2.038 M euros en IFRS 16). Ello supondría según nuestros cálculos una referencia de que pivotase sobre los 2.030 M euros, (ii) las comisiones crecerían un +1% vs 2018 apoyadas por el buen comportamiento de la entrada de fondos de inversión y (iii) los costes alcanzarían las sinergias máximas de 210 M euros previstas en 2019. Todo ello dejaría un cálculo de un cre...
3Q'19 vs. 3Q'18 Results N.I.I.: € 502.0 M (+1.4% vs. +1.5% BS(e) and +1.8% consensus); Total Revenues: € 875.0 M (+1.2% vs. -3.7% BS(e) and -3.1% consensus); Operating Profit: € 417.0 M (+2.5% vs. -6.5% BS(e) and -6.4% consensus); Net Profit: € 176.0 M (-23.1% vs. -28.1% BS(e) and -23.6% consensus); 3Q'19 vs. 2Q'19 Results N.I.I.: € 502.0 M (-2.7% vs. -2.6% BS(e) and -2.3% consensus); Total Revenues: € 875.0 M (+2.0% vs. -2.9% BS(e) and -2.3% consensus); Operating Profit: € 417.0 M (+3.7% vs. -5.4% BS(e) and -5.2% consensus); Net Profit: € 176.0 M (-9.8% in 2Q'19 vs. -15.6% BS(e) and -10.3% co...
Rdos. 3T'19 vs 3T'18: M. Intereses: 502,0 M euros (+1,4% vs +1,5% BS(e) y +1,8% consenso); M. Bruto: 875,0 M euros (+1,2% vs -3,7% BS(e) y -3,1% consenso); M. Neto: 417,0 M euros (+2,5% vs -6,5% BS(e) y -6,4% consenso); BDI: 176,0 M euros (-23,1% vs -28,1% BS(e) y -23,6% consenso). Rdos. 3T'19 vs 2T'19: M. Intereses: 502,0 M euros (-2,7% vs -2,6% BS(e) y -2,3% consenso); M. Bruto: 875,0 M euros (+2,0% vs -2,9% BS(e) y -2,3% consenso); M. Neto: 417,0 M euros (+3,7% vs -5,4% BS(e) y -5,2% consenso); BDI: 176,0 M euros (-9,8% en 2T'19 vs -15,6% BS(e) y -10,3% consenso). Ha presentado Rdos. que ...
In general, Argenx is in compliance with the Dutch regulations relating to the organisation and procedures of the Extraordinary General Meeting. Under ITEM 3, the board of directors seeks approval to amend the Company’s stock option plan ("the Plan"). Although ECGS has no (major) concerns over the proposed amendments, it notes that Plan allows for a (potential) aggregate capital increase of 14.5% of the Company’s issued share capital, which exceeds ECGS’guidelines. In addition, ECGS considers the vesting period for time vesting awards (of between 1 and 3 years) too short. Based on the above, ...
In general, Coloplast is in compliance with the Danish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEMS 4 and 5.2 the board of directors seeks approval for the Company's remuneration report (ITEM 4) and remuneration policy (ITEM 5.2). Although ECGS strongly welcomes the first separate remuneration report, Coloplast's remuneration structure is NOT considered to be in line with its guidelines. Accordingly, ECGS recommends to vote OPPOSE to both agenda items. Under ITEM 6.1 it is proposed to (re-)appoint Mr. Lars Søren Rasmussen as Chairman of ...
In general, Adyen is in compliance with the Dutch regulations relating to the organisation and procedures of the Extraordinary General Meeting. Under ITEM 2, the supervisory board proposes to newly appoint Ms. Mariëtte Bianca Swart as the Company's Chief Legal and Compliance Officer (CLCO) and member of the executive board for a period of 4-years. ECGS has no concerns over Ms. Swart’s appointment and accordingly recommends to vote FOR. Under ITEM 3, the supervisory board proposes to newly appoint Mr. Kamran Zaki as Adyen's Chief Operating Officer (COO) and member of the executive board for a...
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