JPMorgan to hike Dimon's 2013 pay: NY Times

(Reuters) - JPMorgan's (JPM) board voted to raise Chief Executive Jamie Dimon's annual compensation for 2013, a turnaround from last year when it slashed his compensation by half in light of a trading debacle, the New York Times reported. A series of meetings to formulate the pay package turned heated at times, with vocal minority of directors wanting to keep Dimon's compensation largely flat, citing about $20 billion in fines the bank paid in the last year to federal authorities, the paper said, citing several executives briefed on the matter.

via Business News - Yahoo Finance http://ift.tt/1jseowk