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Long seen as the unofficial king of Wall Street, Jamie Dimon's grasp on power is now under unprecedented assault from those who fear he's grown too dominant.The battle to strip Dimon of his chairman title highlights how far the CEO's stock has fallen since the days when he was seen as Washington's go-to banker, but also speaks to a broader movement aimed at enhancing corporate oversight by splitting the CEO and chairman titles.The debate pits those who are still miffed about J.P. Morgan Chase's (NYSE:JPM) London Whale trading debacle against supporters who credit Dimon with turning the bank into the largest and most stable in the U.S."We know stronger accountability is needed. But if the pendulum swings too far, then you have a board that is at odds with its CEO. They're going to have to thread the needle here," said Thomas Saporito, CEO of RHR International.J.P. Morgan is now scrambling to persuade major shareholders to vote against a nonbinding proposal at the bank's May 21 annual m...
Jack Bogle, known as the father of the index fund and founder of the Vanguard Group, cautions investors not to get too complacent when they think of mutual funds. Wh...
BlackRock Inc.'s (BLK) fourth-quarter profit rose 24% as investors flocked to its market-dominating iShares exchange-traded funds business, carrying managed assets t...
BlackRock Inc, the world's largest money manager, said on Thursday its fourth-quarter profit rose 24 percent, bolstered by increased investor confidence in global st...
BlackRock Inc.'s (BLK) fourth-quarter profit rose 24%, helped by rising popularity of its market-dominating iShares exchange-traded fund business.Results from the wo...
BlackRock Inc.'s (BLK) fourth-quarter profit jumped 24% as the world's largest money manager recorded double-digit revenue growth, helped by higher assets under mana...
BlackRock Inc.'s (BLK) fourth-quarter profit jumped 24% as the world's largest money manager recorded double-digit revenue growth, helped by higher assets under mana...
Vanguard Group, the largest U.S. mutual fund manager, reduced fees across dozens of its index-tracking stock and bond funds, following similar moves by competitors.T...
Rep. Darrell Issa, (R-Calif.), on the potential impact on businesses if the estate tax rate were raised.
Luis Aguilar, the commissioner whose previous objections have made him the key swing vote on the Securities and Exchange Commission on the issue of money-market fund...
Charles Schwab Corp has been quietly meeting with exchange-traded fund providers to try to persuade them to join a new network that would make ETFs available commiss...
The Vanguard Group founder Jack Bogle gives his outlook for the markets.
The Vanguard Group founder Jack Bogle gives tips for investing in today's market.
Calpers, the massive California pension plan, on Wednesday became the latest major voice to endorse a nonbinding proposal to strip J.P. Morgan Chase (NYSE:JPM) CEO J...
Ratcheting up the heat on J.P. Morgan Chase (NYSE:JPM) management, a second major proxy adviser threw its support on Tuesday behind a proposal that would strip CEO J...
JPMorgan Chase & Co has yet to convince three of its largest shareholders to support the company in an upcoming vote on whether Jamie Dimon should retain both his CE...
Standard & Poor's, initially known as the Standard Statistics Company, created its first stock market index in 1923. It consisted of the stocks of 233 companies and ...
Standard & Poor's, initially known as the Standard Statistics Company, created its first stock market index in 1923. It consisted of the stocks of 233 companies and ...
Editor's note: Below is John C. Bogle's rebuttal letter to Ron DeLegge's Feb.13, 2013 article titled, " Why John Bogle is Wrong about ETFs ." Mr. Bogle is the founde...
Everyone has heard about love at first sight. But what about hate at first sight? The latter describes John Bogle's long-lasting hate affair with exchange-traded fun...
