Tim Donahue to rejoin J.P. Morgan in the US

The high-yield and leveraged-finance banker returns to the sell-side after GSO Capital pulls the plug on the Asia business he was meant to spearhead.

Timothy Donahue is about to rejoin his old firm J.P. Morgan in a senior role on the loan and high-yield capital markets desk in the US -- an area where the bank, as one of the key survivors of the financial crisis, is currently boasting a dominating market share, sources familiar with the situation say.

Donahue will return to the US after about three years in Asia and, according to the sources, he will leave the region as soon as...

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