JPMorgan changes guard in Australia

Wallace and Priestley talk strategy in Australia following the high level departure of Trevor Loewensohn.

This month brought the shock announcement that Trevor Loewensohn was leaving his role as co-head of JPMorgan's investment banking operations in Australia to spend more time with his family on the beach. Kevin Jacobson, Loewensohn's long-time friend and the bank's head of consumer and industrials, also resigned. The vacuum left by the departures presents some challenges to the bank which was slowly making a name for itself as an MA powerbroker. Sean Wallace, co-head of Asia Pacific, has flown to Sydney to sit in while a replacement is found. And Tim Fletcher has moved from Hong Kong to take over Jacobson's role. Here Wallace and the co-head of JPMorgan in Sydney, Rob...

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