On Thursday, Shares of JPMorgan Chase & Co. (NYSE:JPM), lost -2.46% to $65.94.
JPMorgan Chase & Co. declared the appointment of stepped down four-star General Raymond T. Odierno, former Chief of Staff of the U.S. Army, to a senior advisory capacity at the firm, effective September 1st. General Odierno will provide planned advice and global insights to Chairman and CEO Jamie Dimon, the Board of Directors and members of the Operating Committee on a broad range of issues counting international planning and country risk analysis, technology, operations and the rapidly evolving issues of physical and cyber security. He will also provide his expertise to assist structure and carry out the firm’s leadership development training programs and assist on other leadership and workforce development issues.
Additionally, General Odierno will represent JPMorgan Chase through engagement with clients, government officials and policy makers in the U.S. and internationally and will take part in the firm’s regional advisory groups in Europe, the Middle East, Africa, the Asia-Pacific region and Latin America. He will also advise on the firm’s cities initiatives, counting the Global Cities Initiative and New Skills at Work, meeting with mayors and other public officials to provide them with expert insight and advice that will assist respective metropolitan areas thrive in the global economy and representing the firm in select events and conferences with JPMorgan’s partnership organizations.
General Odierno will also advise on JPMorgan Chase’s Military and Veterans Affairs strategy and execution as a member of the Military and Veterans Affairs Advisory Council, engaging on these important issues in public forums and with policy makers. The firm has committed to assisting position military members, veterans and their families for success in their post service lives through innovative programs in employment, housing and education. Through June of 2015, JPMorgan Chase had awarded over 800 homes to veterans and their families through nonprofit partners and hired over 9,100 veterans.
JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration.
Shares of The Blackstone Group L.P. (NYSE:BX), declined -6.10% to $34.51, during its last trading session.
The Blackstone Group is considering the sale of Devonshire Square, an office complex in the City of London financial district, according to a person with knowledge of the matter, according to Bloomberg.
The world’s largest private-equity firm will seek offers of about 550 million pounds ($861 million) if it decides to put the property on the market, the person said, asking not to be identified because the matter is private. Andrew Dowler, a spokesman for Blackstone, declined to comment on a possible sale. The firm bought the property for about 330 million pounds in 2012. Bloomberg Reports
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.
Finally, Sysco Corporation (NYSE:SYY), ended its last trade with -1.00% loss, and closed at $40.55.
Sysco Corporation declared that it has added Nelson Peltz, chief executive officer and a founding partner of Trian Fund Administration L.P., and Josh Frank, a Trian partner, to its Board of Directors, effective Aug. 21, 2015. With the election of Peltz and Frank, the Sysco Board of Directors expands to 12 members, 10 of whom are independent. Peltz and Frank will be comprised of in the company’s slate of nominees for election to the Board at the 2015 Annual Meeting of Shareholders.
Peltz will join the Corporate Governance and Nominating Committee and Frank will join the Compensation and Finance Committees of Sysco’s Board.
Sysco Corporation, through its auxiliaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates in Broadline and SYGMA segments.
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