Member Article

Tony Blair joins the Wall Street set

Tony Blair has taken a part-time job with one of Wall Street’s biggest banks, JP Morgan. The former Prime Minister and Sedgefield resident will act as a part-time adviser giving political and strategic advice and taking part in some client events. He declined to say how much he was to be paid for the work, but it is estimated to be more than £500,000.

Mr Blair, currently serving as an unpaid international envoy in the Middle East, said: “I have always been interested in commerce and the impact of globalisation. “Nowadays the intersection between politics and the economy in different parts of the world, including the emerging markets, is very strong.

“I look forward to advising them on how they approach the huge political and economic changes that globalisation brings.”

Jamie Dimon, chairman and CEO of the company, said in a statement: “We operate our business all over the world, and Tony Blair will bring our leaders and clients a unique and invaluable global perspective that is especially critical in turbulent times like these.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .