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Dimon’s Fate Down to Wire

NAIL-BITER

Could be stripped of chairman role.

They love me, they love me not. Jamie Dimon, the once heralded chairman and CEO of JPMorgan Chase, will find out next Tuesday whether shareholders will slap him by taking away his dual role as chairman and CEO. Votes from investors in the roughly 3.45 billion shares of the bank are beginning to come in, and sources tell CNBC that those in favor of splitting the roles are less than a majority at this point. The major votes, large index funds like BlackRock or State Street, are unlikely to cast their votes until within the last 48 hours.

Read it at CNBC

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