Last spring, the global financial services firm JPMorgan Chase & Co. held its annual shareholder meeting in Tampa. Angry investors were able to get in CEO and Chairman Jamie Dimon's face to ask what he was doing when he let his traders lose more than $6 billion in a complex derivatives trade that became known as the "London Whale" debacle.
As painful as it might have been for the telegenic executive (formerly considered President Obama's best friend on Wall Street, a label that stopped being applicable awhile ago), his company apparently enjoyed its time in Cigar City; according to the Tampa Bay Business Journal, JPMorgan just announced it will return for another annual shareholder meeting scheduled for Tuesday, May 21.
That news comes at the same that time Dimon learned he will not be stripped of his CEO title, as called for by a number of unions and retirement fund groups.
