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JPMorgan Replaces Proxy Advisers With AI for Voting US Shares

JPMorgan Chase & Co.’s asset-management unit cut ties with proxy-advisory firms and plans to use artificial intelligence to assist with voting US company shares, according to a person with knowledge of the matter.

The JPMorgan Chase & Co. headquarters in New York, US, on Friday, July 7, 2023. JPMorgan Chase & Co. is scheduled to release earnings figures on July 14. Photographer: Michael Nagle/Bloomberg
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