JPMorgan Says 91.5% of Shareholders Approve Pay Proposal
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JPMorgan Chase & Co., the biggest U.S. bank by assets, said its executive compensation plan won the approval of 91.5 percent of shareholders in a non-binding annual advisory vote, up from 73 percent last year.
JPMorgan announced the preliminary results today at the company’s annual shareholder meeting in Tampa, Florida, where Chairman and Chief Executive Officer Jamie Dimon also addressed the $2 billion trading loss disclosed last week.