JPMorgan's head of foreign exchange sales to German corporates in London, Andrea Mohr, has left the firm after only five months. Mohr, who joined from Bank of America (DW, 10/21) has joined 360 Treasury Systems, a Frankfurt-based trading platform for over-the-counter financial instruments. Mohr confirmed her move, but declined further comment. At JPMorgan, she reported to Eric Robin, co-head of fx sales to Europe at JPMorgan in London, who declined to comment on her departure.
Although Robin would not comment on whether Mohr would be directly replaced, JPMorgan has added Claudio Schiavoni, head of investment advisory and trading in the execution unit at Banque Edouard Constant, a private bank in Geneva, as an fx salesman to Switzerland, and Guenther Grimm, v.p. at Goldman Sachs Asset Management, as an fx salesman to Germany and Austria. Both report to Robin.
At 360 Treasury Systems, Mohr will be a senior manager of corporate sales and will report to Moritz von der Linden, coo and head of sales in Frankfurt, according to von der Linden. At Banque Edouard Constant, Schiavoni reported to Chris Meier, senior v.p. and head of trading in Geneva. Meier said Schiavoni will not be replaced because the private bank has decided to eliminate its advisory and trading unit. This is because it is reverting to the business model where sales and trading functions remain separate. A spokesman at GSAM in London declined comment.