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Stock Market & Financial Investment News

News Breaks
February 20, 2013
11:31 EDTJPMInvestors to call on JP Morgan to split CEO, Chairman roles, WSJ reports
Citing concerns over a trading fiasco that left the company with over $6B in losses, investors are calling for JP Morgan (JPM) to split the chairman and CEO posts held by James Dimon, reports the Wall Street Journal. The American Federation of State, County and Municipal Employees, and pension funds in Connecticut and New York are said to back the new resolution asking the bank to name an independent board chair. Reference Link
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