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Tag Archives: T. Rowe Price

T. Rowe’s Stromberg: Restricting 401(k) plans a ‘bad thing for our country’

T. Rowe Price will be watching, along with other money managers, as Congress weighs reducing how much of their tax-exempt wages employees can contribute to their 401(k). Final details of the plan have not been released and President Donald Trump has ...

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T Rowe’s Stromberg still sees tax reform possibilities

While political uncertainty has some corners of the market doubting the future of tax reform, T. Rowe Price president and CEO William Stromberg said he’s still optimistic something will get done. Stock markets surged after the November election with the ...

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Baltimore health department and businesses team up for healthy workplaces

The Baltimore City Health Department launched a program Monday to encourage city employers to increase employee health. Under the program, city businesses can earn a Workplace Wellness Designation if they meet certain criteria. “We recognize the important role our business ...

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For women on Md. boards, it’s still lonely at the top

When attendees gather for the first annual Daily Record Women’s Leadership Summit on Tuesday, one of the key topics for discussion will be how to improve Maryland’s below-average rate of including women on company boards. Increasing female board representation won’t ...

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T. Rowe shareholder proposals rejected at annual meeting

T. Rowe Price shareholders rejected shareholder proposals to issue reports about climate change, executive compensation and diversity at Wednesday’s annual meeting at the company’s Owings Mills campus. On climate change and executive compensation, at issue were how the company proxy ...

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T. Rowe Price ready for DOL fiduciary rule implementation

While President Donald Trump’s 60-day regulatory freeze has prompted some financial service leaders to push for a repeal of the Department of Labor’s fiduciary duty rule, T. Rowe Price CEO William J. Stromberg says the Baltimore money manager is on track to implement ...

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T. Rowe Price CFO Moreland stepping down

T. Rowe Price Group announced this morning that Chief Financial Officer Kenneth V. Moreland will retire in 2017 after 13 years at the firm. The company said it will begin a search for a new CFO immediately. Moreland oversees the firm’s financial operations ...

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T. Rowe Price chairman and CIO Brian Rogers to retire

The chairman and chief investment officer of T. Rowe Price plans to step down next year. After 35 years with the Baltimore money manager, Brian C. Rogers will retire on March 31, 2017 after almost 35 years with the firm. ...

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T. Rowe’s Stromberg looks abroad and within

In a quarter that was neutral from a numbers perspective, T. Rowe Price focused its efforts on technology improvements and aggressively increasing distribution channels abroad, in line with CEO Bill Stromberg’s vision when he took over earlier this year. T. ...

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