JPMorgan looks to block shareholder proposal on bank break-up

Categorized | STOP FORECLOSURE FRAUD

JPMorgan looks to block shareholder proposal on bank break-up

JPMorgan looks to block shareholder proposal on bank break-up

Bloomberg-

* Union says ‘Whale’ loss is reason to divide JPMorgan

* AFL-CIO fund says bank has become too big to manage

* Another union group targets Bank of America, Citigroup

By Rick Rothacker and David Henry

Jan 24 (Reuters) – A federation of U.S. labor unions is looking to force JPMorgan Chase’s board to consider breaking up the company after the disastrous “London Whale” affair, but the bank is trying to ensure that its shareholders do not get to vote on the union’s proposal.

The largest U.S. bank is seeking permission from the U.S. Securities and Exchange Commission to omit the proposal from the measures that shareholders vote on this spring, according to a letter sent to the agency on January 14.

[BLOOMBERG]

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.






Comments

comments

Related posts:

  1. JPMorgan Sued By DZ Bank Over $402 Million in Mortgage-Backed Securities Bloomberg- JPMorgan Chase & Co. (JPM) was sued by DZ...
  2. Alison Frankel: JPMorgan class action may hinge on when alleged fraud began Fraud is FRAUD, who cares when it began but if...
  3. S.E.C. Opens Investigation Into JPMorgan’s $2 Billion Loss Oh no. They will neither “admit nor deny”… Shareholders best...
  4. REUTERS | Analysis: Mortgage settlement proposal likely doomed By Scot J. Paltrow WASHINGTON | Fri Mar 11, 2011...
  5. Felix Salmon says the money you deposit in a bank isn’t yours Seeking Alpha- Bill Cohan declares, today, that the money JPMorgan...

This post was written by:

- who has written 7259 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com

Advertise with Us!

LATEST TOP FORECLOSURE FRAUD CASES OPINIONS
Advertise your business on StopForeclosureFraud.com

Archives

Please Support Me!

All Of These Are Troll Comments