Convertible bond specialist Achintya Mangla, who resigned from J.P. Morgan and signed a contract to join Bank of America Merrill Lynch earlier this month, has had a change of heart and will be returning to his old firm. The surprising move comes after a restructuring of the equity capital and derivatives markets ECDM team at J.P. Morgan, which made room for a bigger role for Mangla.
According to an internal announcement at J.P. Morgan, Mangla will assume a role as joint head of ECDM for Asia ex-Japan together with Arjun Khullar who moves up a step from his previous job as head of South and Southeast Asia ECDM.
Aloke Gupte, who was...
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