Last year, just 31% of the bank's shareholders voted in favor of compensation packages for top executives. Support climbed to 89% this year after JPMorgan vowed not to make any more special one-time awards to Chairman and CEO Jamie Dimon.
At the two big banks, proposed phaseouts of lending for new fossil-fuel exploration drew less shareholder support on Tuesday than they did a year ago. The results were a blow to activists who want big banks to take stronger action to combat climate change.
Top US banks face calls to wind down fossil-fuel financing zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Fashion house SMCP's bondholders expect initial bids for their stake by mid-May - sources kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
April 25 (Reuters) - Top U.S. bank investors gave only
slim support on Tuesday to shareholder resolutions calling for
the lenders to wind down new fossil fuel financing, setbacks for
climate activists who had . | 12:58pm