Following the announcement of the merged entity's regional investment banking positions last week, the next batch of positions are in the process of being rolled out. And as expected, JP Morgan bankers have proved their resilience in winning most of the top jobs.
However, where previously JP Morgan housed credit markets under investment banking, the group has now been split out on its own, mirroring a structure already employed by Chase. This has been designed to quickly facilitate the creation of a one stop shop for Asian credit products to emulate and rival the recent efforts of Citigroup, which bought Citicorp's loans division under Salomon Smith Barney's fixed...