JPMorgan's new list of managing directors includes a record share of women this year.JPMorgan's corporate and investment bank, the world's largest, just promoted its latest class of managing directors, and the group of 117 includes a record share of women, according to a person with knowledge of the list.same percentage
as the latest partner class at Goldman Sachs, one of JPMorgan's closest competitors. JPMorgan announced the promotions this morning on an internal web page. For JPMorgan, North America accounts for the largest share of the promotions, with 46% of the class based there, the person said. Another 31% is based in Europe, the Middle East and Africa, with 18% in Asia Pacific and 5% in Latin America.
By business line, investment and corporate banking made up a plurality, with 36%. Another 20% work in trading, with 17% coming from sales and 13% from digital and platform services, the person said. Treasury and security services accounted for 8%, with 5% from research. "Achieving the MD distinction does not come easily, but is earned through dedication to clients and colleagues, hard work and a commitment to our shared culture," Daniel Pinto and the corporate and investment bank management team said in the message."We expect these newest senior leaders to continue to help us drive innovation and disrupt the status quo as we build our business of tomorrow.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber nears investment deal for self-driving car unit: WSJUber Technologies Inc is nearing a deal with a group, including SoftBank Group C... Maybe one day we will actually get Uber in British Columbia. It is ridiculous that a city the size of Vancouver does not offer this service. 🌐 Libya W:ilayah - Fezzan 🌐 📷 | Aspects of the Raids on Mur:taddin Houses in the Town of Ghadwah 🌀 MCITOT 🌀 COYS 🌀 Breaking!! NXIVM Sex-Cult Prosecutors Have Evidence Of Illegal Clinton Campaign Contributions For 'Political Influence'
Source: Reuters - 🏆 2. / 97 Read more »
Uber Clinches $1 Billion Investment in Self-Driving-Car UnitUber Technologies Inc. said it struck a deal with investors including SoftBank Group Corp.’s tech fund for a $1 billion investment in its self-driving-car unit as the ride-hailing company prepares for an initial public offering. Nice. New York’s former World Trade Center (WTC) is the World Transportation Center (WTC) A new, ever-expanding, universal infrastructural system that guides & propels autonomous cars will emanate from “Ground Zero” in Manhattan The word “Phoenix” occurs in Nostradamus Thanks to all the chumps who let us use your cars and your time to make ourselves rich, we won't be needing you anymore though.
Source: WSJ - 🏆 98. / 63 Read more »
Uber's self-driving unit valued at $7.25 billion in new investmentUber's autonomous vehicle unit has raised $1 billion from a consortium of i... Macabre joke about figures and valuation
Source: Reuters - 🏆 2. / 97 Read more »
Uber's self-driving unit secures $1-billion investment ahead of IPODenso Corp., Toyota Motor Corp. and SoftBank Group Corp.’s Vision Fund bought stakes in the self-driving unit, valuing the arm at $7.25 billion, which will help Uber fund a very costly endeavor. The whole point of 'uber' is that it's part of the on demand gig economy. If robots are doing it, then I won't use the service. Not that I trust people more but these folks aren't driving cause they like the smell of fumes and sitting in traffic.
Source: latimes - 🏆 11. / 82 Read more »
A Champion Investment Bank Is the Wrong Solution for EuropeHeard on the Street: Even if Deutsche Bank and Commerzbank merge, they will still struggle with Europe’s flawed capital markets
Source: WSJ - 🏆 98. / 63 Read more »
Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking'Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking.' via CNBCMakeIt MakeIt I wouldn’t take his advice seriously. MakeIt 😉 MakeIt
Source: CNBC - 🏆 12. / 72 Read more »