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| Version 1 | Version 2 |
|---|---|
| Tony Blair 'set to join JPMorgan' | Tony Blair 'set to join JPMorgan' |
| (30 minutes later) | |
| Tony Blair is to join US investment bank JPMorgan in an advisory role, the Financial Times has reported. | Tony Blair is to join US investment bank JPMorgan in an advisory role, the Financial Times has reported. |
| Mr Blair, who stood down as UK prime minister in June last year, is said to be being employed to provide the bank with political and strategic advice. | Mr Blair, who stood down as UK prime minister in June last year, is said to be being employed to provide the bank with political and strategic advice. |
| Since leaving Number 10, Mr Blair has been an unpaid envoy for the Quartet of Middle East peace negotiators. | Since leaving Number 10, Mr Blair has been an unpaid envoy for the Quartet of Middle East peace negotiators. |
| It is not yet known how much Mr Blair will be paid, but some estimates say more than $1m (£500,000) a year. | |
| Mr Blair told the Financial Times that he planned to take up "a small handful" of similar roles with other companies in different sectors. | Mr Blair told the Financial Times that he planned to take up "a small handful" of similar roles with other companies in different sectors. |
| Europe presidency | Europe presidency |
| "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," he 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," he said. |
| As an envoy for the Middle East quartet, Mr Blair works on behalf of the US, Russia, the UN and the EU. | As an envoy for the Middle East quartet, Mr Blair works on behalf of the US, Russia, the UN and the EU. |
| In October, Mr Blair was publicly backed by French President Nicolas Sarkozy for the job of president of the European Council - dubbed "president of Europe" - a role which will be created under the terms of the new EU reform treaty. | In October, Mr Blair was publicly backed by French President Nicolas Sarkozy for the job of president of the European Council - dubbed "president of Europe" - a role which will be created under the terms of the new EU reform treaty. |
| However, the former prime minister has played down speculation he is to be offered the job, with his spokesman at the time saying Mr Blair is "focusing on his current role in the Middle East". | However, the former prime minister has played down speculation he is to be offered the job, with his spokesman at the time saying Mr Blair is "focusing on his current role in the Middle East". |
| JPMorgan, one of Wall Street's leading banks, is part of JPMorgan Chase & Co, a global financial services firm with assets of $1.5 trillion (£760 billion) and operations in more than 50 countries. | JPMorgan, one of Wall Street's leading banks, is part of JPMorgan Chase & Co, a global financial services firm with assets of $1.5 trillion (£760 billion) and operations in more than 50 countries. |