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JPMorgan shareholders voted to keep Dimon in both the Chairman and CEO roles. Bethany McLean, Vanity Fair; Anton Shutz, Mendon Capital; Stephen Lerner, Seiu International; and CNBC's Kayla Tausche share their reaction.
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JPMorgan shareholders voted to keep Dimon in both the Chairman and CEO roles. Bethany McLean, Vanity Fair; Anton Shutz, Mendon Capital; Stephen Lerner, Seiu International; and CNBC's Kayla Tausche share their reaction.
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NEW YORK/ FRANKFURT, May 21- Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy monetary policy might end soon. New York Federal Reserve Bank President William Dudley and St.
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NEW YORK, May 21- U.S. stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as comments from Federal Reserve officials eased some concerns that the central bank could start reducing its stimulus program. The Dow Jones industrial average gained 52.30 points, or 0.35 percent, to end unofficially at a record 15,387.58.
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MONTREAL, May 21- The next head of the Bank of England, Mark Carney, agreed on Tuesday with current Governor Mervyn King that the British central bank could not be run as a one-man show. But each of those responsibilities are discharged by committees of which the governor of the Bank of England is only one member. "
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NEW YORK, May 21- Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program.
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FRANKFURT/ NEW YORK, May 21- Two senior Federal Reserve officials on Tuesday played down chances that the U.S. central bank would signal a readiness to taper bond buying at its meeting next month, dampening speculation the Fed might soon dial back its ultra-easy policy. New York Federal Reserve Bank President William Dudley and St.
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POSITIVE SIGNS: Germany's central bank expects the country's economy to improve "markedly" in the second quarter. Germany grew only 0.1 percent in the first quarter in part because cold weather delayed the construction season. The European Central Bank expects a gradual recovery in the second half of the year.
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LONDON, May 21- EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.
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CNBC's Kayla Tausche reports JPMorgan's CEO will continue his job as chairman and CEO. And, Jeffrey Sonnenfeld, Yale School of Management, and Karen Brenner, NYU Stern School of Business, share their thoughts on corporate governance.
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The headline figure was leaked last Friday, triggering warnings by banks in the European Union that they may lose staff to other parts of the world, and that London, the bloc's top financial centre, could be damaged. Accounting firm PwC predicted that up to 10 times the number of bankers in London will be hit compared with current pay curbs.
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Jamie Dimon apparently will hold on to his chairman and CEO title, reports CNBC's Kayla Tausche.
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JPMorgan Chase has narrowly defeated its non-binding proposal to split the Chairman & CEO roles at the bank, reports CNBC's Kayla Tausche.
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A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.
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William Gerber, TD Ameritrade CFO; Tom Naratil, UBS CFO; and Timothy Sloan, Wells Fargo CFO, share their perspective on job creation and the economic recovery.
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William Gerber, TD Ameritrade CFO; Tom Naratil, UBS CFO and Timothy Sloan, Wells Fargo CFO, share their perspective on the impact of regulations on global banking competition.
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JPMorgan's CEO will learn whether he gets to keep his chairman and CEO title after today's shareholder vote, reports CNBC's Kayla Tausche, with Michael Mayo, CLSA analyst.
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BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.
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John Liu, New York City comptroller, explains why he thinks an independent chair is needed to restore investor confidence and oversee risk at any company.
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Ahead of the JPMorgan Chase shareholder vote Tuesday to split the chairman and CEO roles currently held by Jamie Dimon, banking analyst Richard Bove lauded Dimon's track record.
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Lisa Lindsley, American Federation of State, County and Municipal Employees, explains why she thinks the roles of chairman and CEO should be split at JPMorgan.