Institutional Shareholder Services Inc., which helps large investors make voting choices in proxy contests, will pay $300,000 to resolve U.S. regulatory claims that it failed to safeguard confidential information.
JPMorgan Chase & Co.’s board, whose top director told investors yesterday to “stay tuned” for changes to its risk committee, isn’t likely to add new members immediately, according to two people with knowledge of the board’s thinking.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, weathering a push to divide the roles after the largest U.S. bank suffered a record trading loss.
The Standard & Poor’s 500 Index returned to a record as a Federal Reserve official said bond purchases should continue and Goldman Sachs Group Inc. forecast the stock rally will last at least through 2015. Treasuries rose and the yen pared earlier losses while grains and gold fell.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.