Dimon clings to JPMorgan chairman title - after fight

Jamie Dimon, chairman and chief executive of JPMorgan Chase, took an unusual step to fight off investors seeking more oversight of his activities - he hinted he might quit.

And it worked. At the bank’s annual meeting, JPMorgan shareholders voted down a proposal to strip Dimon of his chairmanship, giving the measure even less support than last year.

via Business feed http://www.scmp.com/business/companies/article/1243293/dimon-clings-jpmorgan-chairman-title-after-fight