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Banking

JPMorgan hires in France and Italy

JPMorgan is building its French and Italian real estate structured finance business with a string of new hires, all taken from ABN Amro.

Christophe Ben Naceur joins as an executive director leading JPMorgan’s property finance business in France. At ABN Amro he was head of real estate finance for France and Belgium. Before that he had worked for Société Générale and Royal Bank of Scotland.

Damien Giguet is also joining the French structured finance team, as a vice-president. Before ABN Amro, Giguet was head of financing for continental Europe for LaSalle Investment Management.

Both men have more than 10 years’ experience in real estate. They will be based in Paris and report to Emmanuel Verhoosel, head of real estate structured finance for France, Benelux and Iberia.

Massimo Cecchi has joined as executive director to lead real estate structured finance in Italy. Previously, he ran ABN Amro’s Italian structured real estate capital team. Before that he was a director at Banca Intesa structured finance – real estate.

Luigi Aiello is joining Cecchi’s team. Before ABN Amro he worked in real estate finance at Société Générale.

Cecchi reports to Jon Rickert, head of European real estate structured finance, who says the bank is delivering the growth strategy it set out last year. "Our new hires will serve the French and Italian markets that are expected to grow in the next few years," he says.

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