US banking giants seek to avoid Business Roundtable commitments proposals

SEC ‘no action’ letters sought by JP Morgan, Citi, Bank of America and Goldman

Big US banks are resisting shareholder requests to demonstrate how they plan to deliver on the new corporate focus on stakeholders ushered in by the Business Roundtable lobby group last year.

JP Morgan, Citi Group, Bank of America and Goldman Sachs are seeking to exclude sharehold…

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