The pensions board approved $3.5 billion in total commitments, and saw its assets grow to $104.2 billion.
The regulator said the magnitude of data gaps in the firm’s surveillance was so large that it missed billions of orders.
An average of 95% of votes cast support the company’s board amidst a lawsuit against two shareholders over sustainability concerns.
JPM chief points out that these loans have not yet faced a real economic downturn, which high-yield did.