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2013-10-17 — bloomberg.com
``Dimon stepped down as chairman of the subsidiary July 1, a person with direct knowledge of the move said on Oct. 3. When asked about the situation during a conference call with reporters last week, the CEO referred to talks with government supervisors without specifying whether any request was made.
"We are in constant dialogue with our regulators regarding how to strengthen our governance and controls," he said on the Oct. 11 call to discuss the bank's earnings. "We thought this board change we made was consistent with our regulators' views and governance for a banking subsidiary." '' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |