JPMorgan Chase & Co. (NYSE:JPM) has announced the appointment of its Executive Chairman of the Investment Bank, Steve Black, to the position of vice Chairman of JPMorgan Chase. Mr. Black will still report to JPMorgan Chase CEO Jamie Dimon and serve on the firm’s Operation committee. Investment Bank CEO, Jes Staley now holds sole responsibility for the Investment Bank while reporting to Jamie Dimon.
Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.
Mr. Black’s responsibilities now include working with the firm’s largest global clients such as governments, financial institutions, and investors. He will also advance the firm’s international growth strategy, and represent the firm with global regulatory and monetary authorities as one of its most senior executives.
JPMorgan Chase & Co. is a financial holding company. Its principal bank subsidiaries are JPMorgan Chase Bank, National Association, a national banking association with branches in 23 states, and Chase Bank USA, National Association, a national bank that is the Company's credit card issuing bank. JPMorgan Chase's principal non-banking subsidiary is J.P. Morgan Securities Inc., its United States investment banking firm. Its activities are organized into six business segments: Investment Bank, Retail Financial Services (RFS), Card Services (CS), Commercial Banking (CB), Treasury & Securities Services (TSS) and Asset Management (AM). Its wholesale business comprises the Investment Bank, Commercial Banking, TSS and Asset & Wealth Management. Its consumer business comprises RFS and CS. It also has a corporate segment, which includes Private Equity, Treasury and Corporate operations. In February 2009, the Company acquired UBS Commodities Canada Ltd. and UBS AG’s global agricultural business.
Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Follow us on Twitter: http://www.Twitter.com/topbestps
About Us
Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
