Jamie Dimon, JPMorgan Chase & Co's outspoken chairman and chief executive, won a vote of confidence on Tuesday as shareholders recommended that he keep his chairman title, giving him a greater margin of approval than last year, Reuters reported.
Investors who had pressed for Mr Dimon to be stripped of his chairman title said they believed they lost because of the chief executive's hints he would quit if he did not win the vote.
Just 32.2 per cent of shareholder votes were in favor of a proposal to create an independent chairman, compared with 40.1 per cent last year, the bank said at its annual meeting in Tampa, Florida. Mr Dimon smiled as he left the meeting, and the bank's shares rose to their highest level since 2001.
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