In the Margins
J.P. Morgan Chase & Co. will consider giving certain big investors the chance to nominate members to its board, potentially joining a long list of U.S. companies opening up corporate elections this year. The change to the bank’s bylaws will be considered at the next board meeting and would give shareholders the right to place their director nominees in the firm’s proxy statement—specifically allowing investors to nominate up to 20% of the board. Read the original story from MarketWatch.
Most Read
Many news reports have recounted how the partial government shutdown has affected government employees, shuttered national parks, and unsettled the stock market. But few, if any, ...
Richard Redeker has seen a lot in his 50 years in the mutual fund business, half of which he's spent as an independent director of what ...
As part of their larger risk oversight role, mutual fund boards are increasingly considering their role in evaluating “culture risk” and how it relates to sexual ...
As the end of the year approaches, there are several issues that are likely to come up for discussion between chief compliance officers and mutual fund ...