JPMorgan makes changes at the helm of its European banking business.
M2 EQUITYBITES-January 29, 2019--JPMorgan makes changes at the helm of its European banking business
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Global Banking News - 29 January 2019
JPMorgan (NYSE: JPM) has announced top-level changes to its banking business in Europe.
The firm said that it has made a series of changes to its senior deal-making team in London. It has appointed David Lomer, its co-head of M&A for Europe, the Middle East and Africa as co-head of its UK business. He is to work along with Ed Byers.
JPMorgan had posted a nine per cent gain in investment banking revenues in 2018.
The firm also said that Dwayne Lysaght, who was head of UK M&A, is to replace Lomer as co-head of Emea M&A. Ina De, former co-head of the UK business with Byers, is to become co-head of Emea financial sponsors coverage along with Klaus Hessberger.
Axel Beck, who had led JPMorgan's financial sponsors coverage along with Hessberger, is to co-lead the firm's Nordic banking business with Klaus Thune. Bo Zethraeus has been appointed as vice chair of investment banking for the Nordic region.
The firm also added that Harry Hampson, chair of Emea industry coverage, has been moved as vice chair of JPMorgan Cazenove, along with Charles Harman.
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