Peoples Bancorp Inc
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Financials : Banks | Company profile

Peoples Bancorp Inc. (Peoples) is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. It offers community banking services. Peoples Bank is a state-chartered bank. Peoples offers a line of banking, insurance, investment and trust solutions through its financial units: Peoples Bank and Peoples Insurance Agency, LLC (Peoples Insurance). Its products and services include various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial, consumer and real estate mortgage loans (both commercial and residential), and lines of credit; debit and automated teller machine cards; credit cards for individuals and businesses; corporate and personal trust services; safe deposit rental facilities; money orders and cashier's checks; a range of life, health and property and casualty insurance products; brokerage services, and fiduciary, employee benefit plans and asset management services.

Closing Price
$33.37
Day's Change
0.00 (0.00%)
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GE to launch auditor tender process after shareholders' lukewarm ratification of KPMG

8:37 am ET December 14, 2018 (MarketWatch)
Print

General Electric Co. (GE) said Friday it is launching a tender process for the appointment of an independent auditor, after shareholders at this year's annual meeting offered a lukewarm ratification of KPMG. About 65% of votes were cast in favor of KPMG, "which was significantly lower" than prior years, GE said in a statement. Since the April vote, GE has sought feedback from shareholders and considered a range of options. "The plan announced today is responsive to our shareowners and balances the competing considerations about undertaking an audit firm rotation amidst the portfolio and other strategic actions that the Company is currently executing," Geoff Beattie, chairman of the audit committee, said in the statement. The audit committee has decided to reappoint KPMG for 2019, however. GE shares were down 1% premarket and have fallen 59% in 2018, while the S&P 500 has fallen 0.9%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 14, 2018 08:37 ET (13:37 GMT)

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