Group of Thirty (G30) Reveals Final Global Clearing & Settlement Report at May 22nd JPMorgan Press Event

New York - May 15, 2006 - The Group of Thirty (G30) will hold a press conference to announce the findings of the "Global Clearing and Settlement: Final Monitoring Report" on Monday, May 22nd at 9 a.m. ET at JPMorgan headquarters in New York.

Leading G30 executives will present key findings of the report, including the following:
  • Global and regional progress on clearing and settlement issues in the U.S., Europe and Asia;
  • Major steps forward in risk management, disaster planning and preparedness;
  • Importance of implementation of the G30 recommendations given the merger of exchanges and consolidation within the financial services industry.
Speakers at the event include:
  • Jacob A. Frenkel, Chairman of the G30, Vice Chairman, AIG
  • Andrew Crockett, President JPMorgan Chase International & Chairman of the G30 Global Monitoring Committee on Clearing and Settlement.
  • Roger Ferguson, G30 Member, Former Deputy Chairman of the Federal Reserve System
  • E. Gerald Corrigan, G30 Member, MD Goldman Sachs, Former President Federal Reserve Bank of NY
The Group of Thirty, formally known as "The Consultative Group on International Economic and Monetary Affairs, Inc." was founded in 1978. The Group of Thirty is a private, nonprofit, international body composed of senior representatives of the private and public sectors and academia. The Group aims to deepen understanding of international economic and financial issues, to explore the international repercussions of decisions taken in the public and private sectors and to examine the choices available to market practitioners and to policymakers. The Group is led by Paul A. Volcker, Chairman of its Trustees, and Jacob A. Frenkel, Chairman of the Group.

This event is open to working journalists only. For more information and to RSVP for the event in New York or the global conference call, please contact:
Pam Snook
JPMorgan Media Relations
Tel: 212-270-7013
Email: pamela.v.snook@jpmchase.com
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