Private Banker International

Goldman Sachs has automated the voting options available to retail investors, according to Private Banker International. The move means individual shareholders can have their proxy votes processed and submitted without manual handling. Details on the technology used, rollout scope and client adoption were not provided, and Goldman Sachs has not publicly commented beyond the announcement.

Goldman Sachs has launched a retail voting initiative, per Private Banker International. Details on how the scheme will work or which clients it targets were not immediately provided. The move points to growing attention on retail investors' say in corporate governance, and it is likely to draw scrutiny of how the bank will represent small shareholders' votes.