In a major personnel change, JPMorgan's highly regarded head of the Financial Institutions Group FIG, James Von Moltke below left is to relocate to the US at the end of the year. He will be replaced by Helge Weiner-Trapness, the long time Goldman banker that joined JPMorgan in January.
Weiner-Trapness will move over from his position as co-head of general industries to takeover the FIG group, which has won FinanceAsia's Best FIG house award two years running under Von Moltke. It is one of JPMorgan's most profitable operations in Asia.
Von Moltke, who is reckoned to be a motivational team leader, will go to the US to co-head North American...