JPMorgan's Jamie Dimon to face shareholders
Photograph from Getty Images
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 05/15/2012
TAMPA, Fla. - JPMorgan Chase CEO Jamie Dimon is facing shareholders five days after disclosing a $2 billion trading loss.
Dimon will speak Tuesday morning at the bank's annual meeting in Tampa, Fla.
Shareholders will vote on whether to separate the bank's chairman and CEO positions, both held by Dimon. They will also vote their approval or disapproval of Dimon's $23 million pay package from last year.
Analysts say Dimon is unlikely to lose those votes.
Investors have pummeled JPMorgan's stock price since Dimon disclosed the trading loss on Thursday.
The stock has lost 12 percent of its value.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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