Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  JPMorgan Chase & Co.    JPM

Delayed Quote. Delayed  - 09/30 10:03:15 pm
66.59 USD   +1.43%
09/30DJJPMORGAN CHASE : New York Fed's Overnight Repo Takes in $412.5 Billi..
09/30 MARKETS RIGHT N : Bank stocks lead a rebound on Wall Street
09/30 Yuan depreciation will be 'slower and milder'
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

JPMorgan Chase : Daniel Pinto Named Sole Chief Executive Officer of J.P. Morgan's Corporate & Investment Bank

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/25/2014 | 01:47pm CEST
Mike Cavanagh Will Leave JPMorgan Chase to Join The Carlyle Group

New York, March 25, 2014 - JPMorgan Chase (NYSE:  JPM) announced today that Daniel Pinto, co-Chief Executive Officer of the company's Corporate & Investment Bank (CIB), will become sole CEO of the CIB, effective immediately.  Mike Cavanagh, co-CEO of the CIB, is leaving the company to become co-President and co-Chief Operating Officer of The Carlyle Group, a global alternative asset management company.

"I have worked with Mike Cavanagh for more than 20 years," said Jamie Dimon, Chairman and CEO of JPMorgan Chase.  "He's a highly talented executive and has been an integral part of our management team, as our CFO for six years and as co-CEO of the Corporate & Investment Bank.  He's also a special person and we wish him well in his choice to take on a new challenge. While we would prefer he stay at the firm, we are glad he's going to a valued client in Carlyle.  I know the whole Operating Committee joins me in thanking him for his years of service to our firm." 

Mr. Dimon added:  "I am pleased that we have someone as extraordinarily capable as Daniel Pinto to take over as sole CEO of the Corporate & Investment Bank.  Daniel is an exceptional manager of risk who understands markets as well as anyone I've ever met.  He is a true leader - his values, character and judgment are second to none.  He's proven he can lead in the toughest of times and will be a terrific CEO to build on the CIB's track record of success."

Mr. Cavanagh said:  "I have worked at JPMorgan Chase for almost my entire professional life, and it was not without a lot of soul searching that I decided it was time for me to take my career in a different direction.  I wouldn't have left for any company other than The Carlyle Group, a firm and a management team I have known for a long time.  While I am saddened to be leaving this remarkable firm, I am looking forward to a new chapter.  I wish all of my friends and colleagues at JPMorgan Chase the very best."  

Mr. Pinto said, "I am very honored to become CEO of the Corporate & Investment Bank.  It's truly a privilege to lead the talented team in CIB at a time when the business is performing exceptionally well.  We will all miss Mike - he's been a terrific partner and friend and key contributor to our success.  We will continue to work hard for that success, and, as we always have, to serve our clients with distinction."

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co.www.jpmorganchase.com.

###

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JPMORGAN CHASE & CO.
09/30DJJPMORGAN CHASE : New York Fed's Overnight Repo Takes in $412.5 Billion at Quarte..
09/30 MARKETS RIGHT NOW : Bank stocks lead a rebound on Wall Street
09/30 Yuan depreciation will be 'slower and milder'
09/30 JPMORGAN CHASE & CO. : to move 600 jobs out of Salem
09/29DJBB&T to Pay $83 Million to Settle FHA-Loan Case
09/29 JPMORGAN CHASE : JP Morgan Chase Props Up Ailing Bear Stearns
09/29 JPMORGAN CHASE : Elects New Board Member
09/29 FB FINANCIAL : Announces Closing of Initial Public Offering
09/29 JPMORGAN CHASE : Aspen Group appoints new chief executive
09/29 JPMORGAN CHASE : Macomb Innovation Fund Announces $375,000 in Awards to Six Detr..
More news
Sector news : Banks - NEC
09/30DJDEUTSCHE BANK : What to Know
09/30DJDEUTSCHE BANK : Gold Weakens as Market Weighs European Banking Woes, Fed Rate Ex..
09/30DJDEUTSCHE BANK : Hedge Funds Gain by Betting Against Deutsche Bank -- 2nd Update
09/30DJREGIONS FINANCIAL : U.S. Consumer Spending Flat in August -- 2nd Update
09/30 DEUTSCHE BANK : nears $5.4 billion settlement over mortgage bonds - AFP
More sector news : Banks - NEC
News from SeekingAlpha
09/30 Banks lead averages to session highs on Deutsche settlement report
09/30 Deutsche Bank Saga Is Brexit All Over Again
09/30 WALL STREET BREAKFAST : Deutsche Bank Fears Pile Up
09/29 GUNDLACH : 'Stay away' from difficult Deutsche Bank; shares -6.5%
09/29 Volatility Seems Mispriced Going Into October Catalysts
Advertisement
Financials ($)
Sales 2016 96 278 M
EBIT 2016 38 935 M
Net income 2016 20 693 M
Debt 2016 -
Yield 2016 2,82%
P/E ratio 2016 11,80
P/E ratio 2017 10,65
Capi. / Sales 2016 2,50x
Capi. / Sales 2017 2,40x
Capitalization 240 522 M
More Financials
Chart JPMORGAN CHASE & CO.
Duration : Period :
JPMorgan Chase & Co. Technical Analysis Chart | JPM | US46625H1005 | 4-Traders
Full-screen chart
Technical analysis trends JPMORGAN CHASE & CO.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 70,8 $
Spread / Average Target 6,4%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
James Dimon Chairman, President & Chief Executive Officer
Matthew E. Zames Chief Operating Officer
Marianne Lake Chief Financial Officer & Executive Vice President
Dana S. Deasy Chief Information Officer
Lee R. Raymond Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
JPMORGAN CHASE & CO.0.85%240 522
INDUSTRIAL AND COML BA..-3.06%233 356
WELLS FARGO & CO-18.54%223 417
CHINA CONSTRUCTION BAN..-10.55%185 602
BANK OF AMERICA CORP-7.01%159 705
BANK OF CHINA LIMITED-15.96%150 194
More Results