JPMorgan Chase & Co. (JPM): Dimon Is the Dow Jones Industrial Average (.DJI)’s Best Friend Today

JPMorgan Chase & Co. (NYSE:JPM) is helping offset some of the investor uncertainty surrounding the market these days, as preliminary tallies of the shareholder vote to split the CEO and chairman roles are being called in favor of Jamie Dimon keeping both titles. The bank is up 1.2% as of this writing, with many investors showing their confidence in the bank regardless of the vote. In the past five days, the bank has gained 5% while the vote was still up in the air. Though Dimon may keep both his jobs, some other directors may be booted from their positions on the risk management committee. With regulators pointing to oversight as the bank’s biggest weakness, this isn’t a surprise for JPMorgan Chase & Co. (NYSE:JPM)– which needs to demonstrate to shareholders that it can adjust when necessary to address problems.