JPMorgan Hires UBS’s David Li as China Head, Replacing Shao
This article is for subscribers only.
JPMorgan Chase & Co., the biggest U.S. bank, hired UBS AG’s former China Chairman David Li to lead the Wall Street firm’s operations in the Asian nation.
As senior country officer for China, Li will be responsible for JPMorgan’s businesses and products in the country, according to the memo, which was confirmed by Marie Cheung, a Hong Kong-based spokeswoman. Li, who was also previously UBS’s country head for China, will join JPMorgan in October and be based in Beijing, the document showed.