Hungary Nominates Palotai as Central Bank Deputy Governor
Hungary nominated Daniel Palotai to become the fourth deputy governor of the central bank, a position created this month after Parliament passed an overhaul of the institution's leadership.
A parliamentary committee hearing will be held on Monday to confirm the nominee, put forth by Prime Minister Viktor Orban. The fourth deputy governor will be tasked with issues relating to developments in international economy in a unified portfolio, Governor Mihaly Varga said in May.
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Associated Press
42 minutes ago
- Associated Press
Both ISS and Glass Lewis Recommend Shareholders Vote AGAINST Keisei President Toshiya Kobayashi, Endorsing Palliser's Call for Governance Reform
LONDON--(BUSINESS WIRE)--Jun 15, 2025-- Palliser Capital ('Palliser'), one of the largest shareholders of Keisei Electric Railway Co., Ltd. (9009 JT) ('Keisei' or the 'Company') with a shareholding over 4.5%, today welcomed the recommendations by ISS and Glass Lewis that shareholders vote AGAINST the re-election of current President Toshiya Kobayashi and other directors at the Company's upcoming Annual General Meeting on June 27, 2025. Both ISS and Glass Lewis echoed serious concerns with Keisei's governance practices in their research reports, citing: ISS concluded that 'Palliser has made a compelling case that a governance overhaul at Keisei is necessary to restore trust in management', while Glass Lewis concluded that withholding support for Toshiya Kobayashi would serve as a 'measured signal to prompt meaningful improvements in Keisei's governance and transparency practices.' James Smith, Founder and Chief Investment Officer of Palliser, commented: 'ISS and Glass Lewis' recommendations validate our concerns and underscore the importance of holding leadership accountable. We urge shareholders to vote against current President Toshiya Kobayashi, outside directors Shotaro Tochigi, Misao Kikuchi, and Takako Amitani, and proposed new inside directors Kunihiko Yoshikawa and Takeshi Hashimoto.' Full details relating to Palliser's ongoing engagement are available About Palliser Capital Palliser Capital is a global multi-strategy fund. Our value-oriented investment philosophy is applied to a broad range of opportunities across the capital structure with a focus on situations where positive change and value enhancement can be achieved through thoughtful, constructive and long-term engagement with companies and across a range of different stakeholder groups. Palliser Capital is one of the largest Keisei shareholders with a stake in excess of 4.5%. View source version on CONTACT: Media Prosek Partners Brian Schaffer / Kiki Tarkhan / Forrest Gitlin [email protected] KEYWORD: UNITED KINGDOM EUROPE INDUSTRY KEYWORD: RAIL PROFESSIONAL SERVICES TRANSPORT FINANCE SOURCE: Palliser Capital Copyright Business Wire 2025. PUB: 06/15/2025 07:00 PM/DISC: 06/15/2025 07:04 PM
Associated Press
43 minutes ago
- Associated Press
Future of Uncrewed Airpower on Display at Paris Air Show
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Yahoo
2 hours ago
- Yahoo
UK to get first female spy chief
Britain's foreign intelligence service, MI6, will be led by a woman for the first time in its history, UK Prime Minister Keir Starmer has announced. Blaise Metreweli will take up the position of Chief of the Secret Intelligence Service in the fall. She is currently head of the service's technology and innovation teams, a position immortalized as 'Q' in the James Bond movies. It was revealed in 2017 that 'Q' was a woman – but Metreweli was not named at the time. Metreweli, a graduate of Oxford University, has previously held senior positions in both the domestic and foreign intelligence services. Starmer described the appointment as 'historic.' 'I know Blaise will continue to provide the excellent leadership needed to defend our county and keep our people safe,' he said in a statement. Metreweli said she was 'proud and honored' to be appointed to the role.
