JPMorgan sees future in leveraged business

A string of new hires is aimed at building an Asian leveraged finance team.

JPMorgan is emphasising its commitment to the leveraged finance business, announcing a string of new and nearly new hires that will give it a team of more than 20 bankers covering the leveraged finance business across Asia, Japan and Australia.

The announcement comes hard on the heels of Sean Wallace's move to Darby Overseas Investments, where he will focus on attracting additional funds to support the firm's existing mezzanine activities in Asia and help expand its private equity capability...

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