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Changes at JPMorgan’s European branch
Nery Alaev writes about staff changes at JPMorgan.
The investment bank, one of the world’s largest, has made changes to leadership at its European
branch by ‘bolstering’ senior staff numbers and promoting several figures to higher roles.
I’ve decided to look into the news, published by Reuters, and conclude upon the changes.
New faces
JPMorgan's offices
The move comes following a ‘buoyant’ Mergers and Acquisitions (M&A) market that has allowed
the Wall Street-based bank to expand its operations.
The new Vice Chairman of Europe, the Middle East and Africa (EMEA) investment banking is
Isabelle Seillier, who will nurture clients from her former role at the bank.
Vice Chairman of EMEA Equity Capital Markets (ECM) is Laurence Hollingworth, who has
served in a previous role in the EMEA department.
Other figures, such as Charles Harman and Harry Hampson, have also moved in to new roles at
JPMorgan in the re-shuffle.
Year aheadJPMorgan has expressed positivity regarding the year ahead despite a poor start for global
markets due to fears about China’s economy and falling oil prices.
In the Europe, Middle East and Africa region specifically, JPMorgan ranked behind Goldman
Sachs in regards to fees earned in 2015 – while not at the top, the bank’s position is clearly very
strong.
Deal-making globally had a strong year in 2015, with activity increased by nearly 50% - this was
somewhat nuanced in the EMEA region where there was a slighter increase of 14%.
The changes come alongside news about JPMorgan’s (and Goldman Sachs’s) funding of the
pro-EU campaign in the United Kingdom – this implies that JPMorgan has a vision for Europe
that sees Britain remaining in the EU.
In conclusion, it’s becoming clear that JPMorgan is looking at its place in Europe and has
decided to make changes.
Nery Alaev Nery Alaev is the current Director of ESN Investments GmbH, which engages in acquisition and
development of commercial and residential property in Germany and Austria.