JPMorgan Chase & Co shareholders should vote against the re-election of three board members because they failed to properly oversee risk-taking that led to $6.2 billion of losses on the so-called "London Whale" trades, an influential proxy advisory firm said. ISS Proxy Advisory Services said in a report released late Friday that directors David Cote, James Crown and Ellen Flutter should not be re-elected at the company's annual meeting this month because of "material failures of stewardship and risk oversight." The report by ISS ratchets up pressure on directors to reduce Dimon's power at JPMorgan, the biggest bank based in the United States, as some stockholders push for more supervision of the outspoken executive. A statement from JPMorgan spokeswoman Kristin Lemkau on Saturday said: "The company strongly endorses the re-election of its current directors and disagrees with ISS's position." ISS also renewed its recommendation from a year ago that CEO and Chairman
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