JP Morgan reshuffles Apac senior bankers

The US bank made a number of changes in senior investment banking roles across both product and coverage groups, taking a more integrated approach similar to its US headquarters.

JP Morgan announced a number of changes in senior banking roles across Asia-Pacific on Tuesday, as the US bank takes a more integrated approach for its investment banking franchise in the region, according to an internal memo seen by FinanceAsia and sources familiar with the situation.

The reorganisation was made as part of the bank’s effort to align the Asia-Pacific setup with its US headquarters, where product and coverage teams have a strong collaboration, according to one of the sources.

There were no new staff added as part of the reshuffle, but changes were made across product specialists, including equity and debt capital markets and advisory...

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