1. Light Backing From State Street Weighs on U.S. Diversity Drives

    Light Backing From State Street Weighs on U.S. Diversity Drives

    BOSTON (Reuters) - State Street Corp has drawn praise for its efforts to put more women on corporate boards, notably the “Fearless Girl” statue it placed near Wall Street. But new records show the company did not throw its full weigh behind boardroom diversity initiatives this year - complicating activists’ plans for 2018...

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    1. If State Street wants to fully implement its commitment to gender equity investing, it should look for more ways to use its shareholder voice for women.
    2. To see they're abstaining is disappointing, especially given their push on gender diversity.
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