JP and JF win coveted investment banking slots

JP Morgan and Jardine Fleming bankers have scooped virtually all the regional investment banking positions created through the merger with Chase.

According to MergerCentral, an internal information sourceĀ about the ongoing merger, the two banks have won an equal split of Asia's dozen geographical jurisdictions, with each bank awarded five positions for individual country heads of investment banking and one co-head position. In virtually every case, the heads of investment banking will also be working with their former country managers, now known as SCOs Senior Country Officers under Chase's new terminology.

The SCO positions were doled out a few weeks ago and it always looked as if the respective heads of investment banking would mirror them, says one banker who has worked for Jardine Fleming, Chase JF and now JP Morgan in...

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