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.
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.
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