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JP Morgan Chase & Co

JPMorgan Forms European Advisory Council

London (ots/PRNewswire)

- Firm Hires Antonio de Sousa, Wilhelm Simson and Cees van Lede
JPMorgan (NYSE: JPM) announced the formation of its European
Advisory Council today by appointing five renowned business and
financial experts to the body, including three new hires to the firm.
Members of the JPMorgan European Advisory Council will offer clients
advice across a range of financial issues, including insight on local
market opportunities, and will seek to introduce the firm to new
clients. Each member of the council will focus on a dedicated country
or geographic region and complement the firm's investment banking
teams.
Walter Gubert, Chairman of JPMorgan in Europe, the Middle East and
Africa, will lead the council and said: "As convergence accelerates
across many European markets and sectors, we are investing in our
local market presence because we see increased opportunities and
threats for clients. The European Advisory Council will bring
together a powerful collection of minds to build upon our current
position."
JPMorgan ranks #1 in year-to-date equity and equity-linked
underwriting according to Bloomberg data and #2 in year-to-date M&A
according to Dealogic data for the EMEA region.
The council's five founding members will be Sir Andrew Crockett,
President of JPMorgan Chase International and the former General
Manager of the Bank for International Settlements; Lord Renwick of
Clifton, Vice Chairman of JPMorgan Cazenove, the firm's investment
banking joint-venture with Cazenove Group in the United Kingdom and
Ireland, and the former British Ambassador to the United States and
South Africa; and three new hires to the firm:
  • Professor Antonio de Sousa, former Chairman of Caixa Geral de Depósitos, former Governor of the Bank of Portugal, former Deputy Minister of Finance and former Deputy Minister of Foreign Trade for Portugal;
  • Professor Wilhelm Simson, retired joint-Chief Executive of E.ON AG, the German energy company; and
  • Cees van Lede, Chairman of the Supervisory board of Heineken N.V., Chairman of the board of directors of INSEAD, Non-Executive Board Member of a number of companies including Akzo Nobel N.V., the Dutch healthcare and chemical products manufacturer and Royal Philips Electronics, N.V., the Dutch electronics firm.
JPMorgan expects to make additional appointments to the
European Advisory Council in the near future.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial
services firm with assets of US$1.2 trillion and operations in more
than 50 countries. The firm is a leader in investment banking,
financial services for consumers and businesses, financial
transaction processing, asset and wealth management, and private
equity. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. has its corporate headquarters in New York and its US
retail financial services and commercial banking headquarters in
Chicago. Under the JPMorgan, Chase and Bank One brands, the firm
serves millions of consumers in the United States and many of the
world's most prominent corporate, institutional and government
clients. Information about the firm is available at
www.jpmorganchase.com.
Media contact: Michael Golden, +44-207-325-8504, 
michael.f.golden@jpmorgan.com

Contact:

Michael Golden, +44-207-325-8504, michael.f.golden@jpmorgan.com