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Moonves Shoots Down Viacom Merger Rumors, Again, at CBS Annual Meeting
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Proxy Adviser Blasts JPMorgan's One-Off Awards to Dimon, Pinto

Banking News and Analysis

Proxy adviser Glass Lewis is recommending shareholders vote against JPMorgan Chase’s executive compensation at the bank’s annual meeting May 17, citing “excessive one-off grants to the CEO and [chief operating officer] amid tepid relative performance.” The bank in July gave CEO Jamie Dimon a “ special award ” of 1.5 million share options, reflecting the board’s “desire” that he “continue to lead the Firm for a further significant number of years,” according to a securities filing...

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