Friday February 28, 2020

A fair share? US business group drops a bombshell

A powerful American lobby group’s jettisoning of the corporate principle of maximising shareholder value could prompt social and economic progress – but the stance is not without problems

25th August, 2019
Jamie Dimon, chairman and chief executive of JPMorgan Chase Picture: Bloomberg

Jamie Dimon, one suspects, would like to be the president of the United States. The chairman and chief executive of JPMorgan Chase, one of the world’s biggest banks, is a serious voice in the political debates raging in America, and one of the most prominent Democrats on Wall Street. At 63, he has age on his side, and he is rich enough from a career in banking to be able to afford a tilt at...

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