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A Reuters poll found that 66 out of 74 economists believe the European Central Bank will keep its deposit rate at 2.00% until 2026.On February 12th, the State Financial Regulatory Commission released key regulatory indicators for the banking and insurance sectors in the fourth quarter of 2025. At the end of the fourth quarter of 2025, the balance of non-performing loans (NPLs) of commercial banks was 3.5 trillion yuan, a decrease of 24.1 billion yuan from the end of the previous quarter; the NPL ratio was 1.50%, a decrease of 0.02 percentage points from the end of the previous quarter. At the end of the fourth quarter of 2025, the balance of performing loans of commercial banks was 230.2 trillion yuan, of which the balance of normal loans was 225.1 trillion yuan and the balance of loans under special mention was 5.1 trillion yuan. At the end of the fourth quarter of 2025, the balance of loan loss provisions of commercial banks was 7.2 trillion yuan; the provision coverage ratio was 205.21%, and the loan loss provision ratio was 3.07%.On February 12th, the State Financial Regulatory Commission released key regulatory indicators for the banking and insurance sectors in the fourth quarter of 2025. At the end of the fourth quarter of 2025, the total assets of my countrys banking financial institutions in both local and foreign currencies reached 480 trillion yuan, a year-on-year increase of 8.0%. Among them, the total assets of large commercial banks in both local and foreign currencies reached 210.8 trillion yuan, a year-on-year increase of 10.8%, accounting for 43.9% of the total; the total assets of joint-stock commercial banks in both local and foreign currencies reached 77.8 trillion yuan, a year-on-year increase of 4.8%, accounting for 16.2%. At the end of the fourth quarter of 2025, the total assets of insurance companies and insurance asset management companies reached 41.3 trillion yuan, an increase of 15.1% compared to the beginning of the year. Among them, property insurance companies reached 3.1 trillion yuan, an increase of 7.5% compared to the beginning of the year; life insurance companies reached 36.4 trillion yuan, an increase of 15.4% compared to the beginning of the year; reinsurance companies reached 857.3 billion yuan, an increase of 3.5% compared to the beginning of the year; and insurance asset management companies reached 145.6 billion yuan, an increase of 14% compared to the beginning of the year.Frances energy planning law sets a new target of 70 to 90 terawatt-hours for transport biofuels by 2035.Frances energy planning law sets a target of 35 to 40 gigawatts of new onshore wind power capacity by 2035.

Proxy Advisor Recommends Voting Against Halliburton's Compensation Plan

Haiden Holmes

May 10, 2022 10:14

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Halliburton (NYSE:HAL) said in a filing on Monday that a leading proxy advisor advised shareholders to vote against its executive compensation plan.


According to a regulatory filing, Institutional Shareholder Services (ISS) reprimanded the company's compensation committee members for failing to address issues regarding long-term incentive pay.


According to the document, the consulting firm also took issue with what it perceived to be a nearly 20 percent rise in Chief Executive Jeff Miller's long-term incentive value in 2021.


According to the petition, Halliburton labeled ISS's research "misleading" and stated that its "performance had excelled to the benefit of Halliburton's stockholders," citing its restricted expenditure, debt reduction, and increased dividend.


The vote is on a non-binding, advisory motion, and the outcome has no effect on the company.


On Monday, shares of Halliburton traded at $33.36, down 10.7 percent on the day but up almost 46 percent year-to-date.


Advisory shareholders voted against Halliburton's proposed CEO compensation plan.


ISS did not reply quickly to a request for comment.