JPMorgan Rejigs ECM with New Australia, Southeast Asia Heads

JPMorgan Chase & Co.is rejigging its equity capital markets leadership by changing its head of Australia equity capital markets and appointing a new head of Southeast Asia in this area.

The bank has hired Justin Grimmond, who was head of ECM at Royal Bank of Canada in Sydney for the past decade, the US firm said in a memo to staff on Friday, obtained by Bloomberg News. He will start in June.

Grimmond replaces Jonas Troeber, who plans to relocate to Hong Kong later this year to help lead the Asia Pacific equity syndicate team, according to ...