BOSTON Oct 26 JPMorgan Chase & Co said on Monday its board will consider a bylaw amendment to make it easier for small groups of investors to run candidates for the New York bank's board of directors.
In a securities filing, JPMorgan said its board told management to prepare an amendment to grant groups of up to 20 shareholders the right to nominate their own candidates, a change known as "proxy access" that has become a popular reform at many companies this year.
16:36 AT&T, Time Warner poised to lobby lawmakers, regulators on proposed $85-billion merger25
12:23 Lockheed Martin's quarterly profit handily beats estimates28
11:41 Caterpillar earnings: 85 cents per share, vs expected EPS of 76 cents24
00:02 AT&T Aims for an Empire in Merger Talks With Time Warner13