JPMorgan Names De, Hillery to Head U.K. Investment Bank

JPMorgan Chase & Co. (JPM) named Ina De and Conor Hillery co-heads of its U.K. investment banking business, according to a memo obtained by Bloomberg News.

De, currently co-head of equity capital markets for Europe, the Middle East and Africa, and Hillery, head of the U.K. financial institutions group, will report to Chairman Tim Wise, the memo shows. Its contents were confirmed by a spokeswoman.

U.S. banks including JPMorgan and Goldman Sachs Group Inc. have been increasing their share of European investment-banking fees, the New York-based research firm Freeman & Co. reported today.

JPMorgan’s broking clients include the U.K.’s largest fixed-line telecommunications company, BT Group Plc (BT/A), as well as car-repair business Halfords Group Plc. (HFD)

Laurence Hollingworth, previously head of investment banking in the U.K., will take over from Jake Donavan as the head of industry coverage in the EMEA region. Donavan will become senior country officer of Benelux and the Nordics, the bank said in the memo.

To contact the reporter on this story: Ruth David in London at rdavid9@bloomberg.net

To contact the editor responsible for this story: Jacqueline Simmons at jackiem@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.