A JPMorgan shake-out

Headline: A JPMorgan shake-out Source: EuromoneyDate: September 2001Author: Antony Currie         Moctar Fall JPMorgan lost three senior emerging-markets bankers in one week. Those leaving are Miguel Guttierez, co-head of emerging markets credit and rate markets (with Jorge Jasson), Robert Priestley, head of the European emerging markets team, and head of origination for […]

Headline: A JPMorgan shake-out
Source: Euromoney
Date: September 2001
Author: Antony Currie

       
Moctar Fall
JPMorgan lost three senior emerging-markets bankers in one week. Those leaving are Miguel Guttierez, co-head of emerging markets credit and rate markets (with Jorge Jasson), Robert Priestley, head of the European emerging markets team, and head of origination for Latin America, Rachel Hines.

A shake-out has long been expected as the post-merger emerging markets division suffers from a lot of overlap. And the cost saves from not paying three expensive bankers will help in the continued downturn.






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