Institutional Shareholder Services (ISS) recommended on Thursday that investors vote in favor of all board nominees at JPMorgan Chase & Co but called its support for lead independent director Lee Raymond 'cautionary.'
FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar
BOSTON - Institutional Shareholder Services recommended on Thursday that investors vote in favor of all board nominees at JPMorgan Chase & Co but called its support for lead independent director Lee Raymond “cautionary.”The recommendations issued by ISS late on Thursday marked just a partial win for the New York bank ahead of its annual meeting set for May 19.
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