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Tony Blair to join JPMorgan: source

NEW YORK (Reuters) - Former British prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase & Co Inc <JPM.N> as a senior adviser, according to a person familiar with the situation.
Posted : Thu, 10 Jan 2008 01:50:03 GMT
Author : Reuters
Category : US (Business)
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NEW YORK (Reuters) - Former British prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase & Co Inc as a senior adviser, according to a person familiar with the situation.

JPMorgan declined to comment. The Financial Times in London first reported the move on its Web site, saying it would be the first of a series positions Blair expects to take in the private sector.

Blair, a key ally of U.S. President George W. Bush, was replaced last year by Gordon Brown as prime minister amid growing discontent over Great Britain's policy in Iraq.

Details of Blair's duties with JPMorgan, the third largest U.S. bank, were not immediately available.

Blair's predecessor, John Major, joined a U.S. finance company after leaving 10 Downing Street.

After leaving office, Major joined U.S. private equity firm The Carlyle Group in 1998 amid that company's big push into the European market.

(Reporting by Tim McLaughlin; editing by Carol Bishopric)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

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