David Herzberg, responsible for JPMorgan's equity prop business in London, has been promoted to head of European equities risk management, which will include equity flow trading. Sarah Oppler, spokeswoman for JPMorgan, confirmed the move. In the new role, Herzberg will also cover equity finance and review cross-desk equity risk of the firm's European equities businesses.
Herzberg's promotion follows the departure of Christian Dalban, head of equity derivatives for Europe, and Clemens Lansing, head of equity flow trading, earlier this year.