NEW YORK: JPMorgan Chase & Co, under pressure from the New York Attorney General's office, has agreed to give investors information about upcoming ballot votes, after the company that collects votes on the measures stopped giving out polling information last week.
The bank's annual meeting is on Tuesday, and by far the most controversial matter up for vote is whether bank head Jamie Dimon should retain his chief executive role but be stripped of his chairman title. Investors that sponsored the measure, including a government workers' union pension fund, said the bank's CEO has too much sway over the board, and needs more oversight. Dimon has hinted that if he is no longer chairman, he may leave the bank.
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