(Reuters) - CIT Group Inc <CIT.N> said the Federal Reserve Bank of New York has terminated its agreement with the bank, freeing CIT of regulatory supervision and allowing it to return more money to shareholders. CIT shares rose as much as 7 percent to their highest in more than two years following the company's statement on Thursday. The shares were up 5 percent at $46.88 at 1145 ET on the New York Stock Exchange.

Russia's finance ministry said on Friday it had hired the US banking major J.P. Morgan as a consultant for helping improve its image with the world's three main ratings agencies. The announcement came days after Deputy Finance Minister Sergei Storchak announced that one of the ratings giants was about to review its grade for Russia's credit. Storchak never spelled out whether this review intended to raise or lower Russia's investment outlook.

By David Henry TAMPA, Florida (Reuters) - JPMorgan Chase & Co's <JPM.N> Chairman and Chief Executive Jamie Dimon looks set to win a vote about whether he gets to keep his chairman title, the New York Times reported on Tuesday. A months-long and bitter shareholder campaign demanding more oversight of Dimon will end with JPMorgan's annual meeting on Tuesday. Dimon has suggested that he may eventually leave the bank if he loses the vote.

Shareholders at JPMorgan Chase voted to let Jamie Dimon, the chairman and CEO of the nation's largest bank, keep both his jobs Tuesday. Dimon also received strong support to be re-elected to the bank's board of directors. Three directors — James Crown, David Cote and Ellen Futter — received the backing of less than 60 per cent of shareholders. Shareholder advisory firms had urged that shareholders withhold support for those three, who had served on the bank's risk policy committee when the bank suffered a surprise $6 billion trading loss. Here's a breakdown of the vote: