Activist Investors Shy Away From Big Bank Fights, For Now

Law360, New York (April 2, 2015, 11:03 PM EDT) -- This year’s proxy season marks the latest attempt by big bank opponents to force change on the largest financial institutions, but those efforts will remain little more than attention grabs unless activist investors decide that making a play against a big bank will add to their bottom line, experts say.

To date, activist shareholders have been a major player in the small- and mid-cap banking sector, usually pushing for sales. But they have not become involved in large battles over the management and structure of the...
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