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The advisor ISS recommends that shareholders of JPMorgan to vote “for” the proposal of shareholders aimed at demanding the appointment of an independent chairman of the board of directors

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JPMorgan Chase & Co. is among the main American banking groups. Income (before intragroup eliminations) by activity are distributed as follows: – retail banking (39.6%): sale of conventional and specialized financial services (mortgage, car credit, insurance, etc.) through a network of more than 4,966 banking agencies. In addition, the group is developing a credit card sales activity; -Investment and market banking (38.8%): Consulting in mergers and acquisitions and restructuring, capital increase, investment capital, interventions on the equity markets, bonds and derivatives, stock market intermediation, etc. ; – Asset management (11.9%): 4,045 billion assets under management at the end of 2024; – Commercial bank (9.7%). At the end of 2024, the group managed 2,406 bills of deposits and 1,323.6 MDSUSD of credits. The geographical distribution of income is as follows: United States (78.4%), European Orient-Africa (12.6%), Asia-Pacific (6.8%), Latin America and Caribbean Islands (2.2%).

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