
British fintech Wise Plc (OTC:WIZEY) secured shareholder approval this week for its controversial move to a U.S. primary listing, but the victory exposed significant shortcomings among proxy advisory firms that could concern institutional investors.

British fintech Wise Plc (OTC:WIZEY) secured shareholder approval this week for its controversial move to a U.S. primary listing, but the victory exposed significant shortcomings among proxy advisory firms that could concern institutional investors.