The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

This is not just a reorg; this is a JPMorgan reorg

JPMorgan doesn’t do things by halves; it has just moved almost everyone at the top of its investment bank and created what amounts to an internal boutique.

A focus on rainmakers – perhaps also with an eye on the competing attractions for senior staff that lie outside the big global banks – is behind a radical new reshaping of the senior management of JPMorgan’s investment bank.

A raft of product and regional managers have been promoted to a new executive committee of global chairs, to be headed by Carlos Hernandez, the former head of global investment banking and now perhaps likely to be referred to as the "chair of chairs".

Carlos-Hernandez 160x186

Carlos Hernandez

The move is a hefty increase in the cadre of senior bankers in Hernandez’s direct orbit.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree