The Bankers’ Revolving Door

07/25/2003 Mises Wire Sean Corrigan

Former BIS head joins JP Morgan (Times Online): “The former head of the Bank for International Settlements (BIS), which acts as the central bankers’ central bank, has been appointed president of the subsidiary JP Morgan Chase International. He will act as an international ambassador for the finance house. Sir Andrew [Crockett], 60, will also oversee a number of client relationships, as well as assuming a key internal management role. He is to serve on JP Morgan’s Risk Management Committee and its Policy Review Forum — a group whose remit includes assessing the potential for conflicts within the firm.”

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Sean Corrigan

Sean Corrigan is the author of ‘Money, Macro & Markets’ newsletter & Consultant to Hinde Capital.

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