J.P. Morgan Chase & Co. (NYSE:JPM) Asset Management has announced a new member to their team.

J.P. Morgan Chase & Co. (NYSE:JPM) Announces Team Expansion

According to reports, a J.P. Morgan Chase & Co. (NYSE:JPM) division has expanded its team.

The company appointed Neil Moge as the senior client advisor for UK and European Strategic Insurance Sales.

In this new position Mr Moge will be working with insurance clients and prospects across Europe and will help to build customised asset management solutions, with particular focus being placed on the impact of the forthcoming Solvency II.

Moge, said that, “The impact of Solvency II and challenges of a low yield environment are placing significant pressure on insurance companies to reassess all their processes, including investment management”.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 37.49 at the end of the last day’s trading. There’s been a 10.0% change in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.27
Zack’s Rank: 4 out of 15 in the industry