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Interfaith investors to score banks

An influential investor coalition will issue scorecards for the seven largest US banks next year

The Interfaith Center on Corporate Responsibility, an influential investor coalition, will issue scorecards for the seven largest US banks next year, based on factors such as risk management and executive compensation.

The coalition has been influential in the field of corporate governance, pushing on issues such as "say on pay", an advisory shareholder vote on executive compensation, which was included in the Dodd-Frank financial reform act.

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