Quantcast
Player Template for http://www.americanbanker.com
Shareholders Turn Up Heat on Big Banks
May 8, 2013

Mega-banks are feeling pressure from shareholders and the public in ways that seemed unlikely even a few weeks ago. At JPMorgan Chase, directors and managers face the very real prospect that shareholders will vote to strip chairman and chief executive Jamie Dimon of his board oversight role after a leading advisory firm charged the company with “material failures of stewardship and oversight.” In Charlotte, N.C., protestors planned large-scale events outside Bank of America’s annual meeting in the sort of public display that could push the biggest banks into making the sorts of changes that governance scolds have long demanded.

Comments (0)
Be the first to comment on this post using the section below.
Post a Comment
You must be registered to post a comment.
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.