The conservative-leaning National Legal and Policy Center criticized Goldman Sachs CEO David Solomon's leadership at the bank's annual meeting on Wednesday.

Shareholders at annual meetings on Wednesday rejected separate proposals at Goldman Sachs Group Inc. and Bank of America Corp. to separate the roles of chair and chief executive at the banks.

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.