In as step toward building a debt capital markets DCM team capable of competing aggressively for one of the top spots atop the Asian debt league tables, JPMorgan has appointed Stephen Diao, from Barclays Capital, to head its debt origination group. At Barclays, Diao held the position of head of cross-border issuance for Asia-Pacific.
The move was finalised toward the end of April and Diao will join the American bank in August. At present, Diao is on leave in the US.
He joined Barclays during the height of the Asian Crisis as head of cross-border debt origination, following several years at Credit Suisse in a similar capacity. At Barclays, Diao quickly built a...
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