JPMorgan promotes Singapore as investment banking hub

The US house has re-organised and expanded parts of its Southeast Asian investment banking division.

Philip Lee, one of the firm's most highly regarded and hard working bankers has become the effective head of investment banking across Southeast Asia. Currently head of investment banking for Singapore, the irrepressible Singaporean regains investment banking IB responsibilities in Malaysia that he previously relinquished after JPMorgan's merger with Chase.

He also now gains an oversight role over a newly created Brunei investment banking post and leadership of a Southeast Asian execution team, which has been attached to investment banking. Below Lee, will be two co-heads overseeing an eight team, which is in the process of being created in Singapore with the aim of bringing critical mass to one location.

The team will prepare...

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