JPMorgan is undergoing a series of personnel changes in its DCM division following the departure of five of its Hong Kong-based bankers. Three of the departures have been planned for some time, while two were unexpected.
Vice presidents Chris Gammons and Juhi Prasad handed in their resignations last week and are leaving the firm for undisclosed locations. Gammons had previously been doing general corporate origination, while Prasad was a leveraged finance specialist.
The most senior departure is that of managing director, Tong-Poh Tay, who specialised in situational finance and is leaving towards the end of June. His departure leaves just DCM head Marc Jones as the sole MD in the...
