J.P. Morgan hires corporate banker Michael Paulus from HSBC

J.P. Morgan has named Michael Paulus as head of public sector coverage of clients such as national governments, central banks and sovereign wealth funds, across the Asia-Pacific region.

The US citizen joins from HSBC and will be based in Hong Kong. He will report to Daniel Zelikow, global head of J.P. Morgan’s public sector coverage efforts, and to Muhammad Aurangzeb, head of the global corporate bank in the Asia-Pacific region.

This newly created role is another step in J.P. Morgan’s efforts to grow its corporate bank in the region. This division helps multinational companies, big financial institutions and public organisations with their everyday needs in areas such...