JPMorgan Chase & Co. and Morgan Stanley's executivecompensation packages received endorsements from ISS Proxy ServicesUSA, the firm whose negative recommendation helped sink a similarplan at Citigroup Inc.

JPMorgan and Morgan Stanley displayed “reasonable alignment”between shareholder returns and pay for Jamie Dimon and JamesGorman, the firms' respective chief executive officers, ISSanalysts wrote in separate reports dated April 27. Glass Lewis& Co., another shareholder advisory firm, also endorsed the payplans for the New York-based banks, which will hold their meetingson May 15.

Citigroup Inc. shareholders rejected an executive pay planearlier this month, a first among the six largest U.S. banks, amidcriticism it lets CEO Vikram Pandit collect millions of dollars inrewards too easily from the No. 3-ranked U.S. lender. ISS had urgedinvestors to reject Citigroup's plan.