JPMorgan has hired Andrea Mohr, responsible for corporate fx sales to Europe at Bank of America, as head of fx sales to German corporates. Jamie Bonic, head of institutional fx sales, said JPMorgan lost three salespeople for German corporates in June and hiring Mohr is part of the effort to replace them. "Germany is an important market for JPMorgan--it needs senior coverage and an experienced hand," Bonic noted. "We took our time and found Andrea." The firm has also reassigned existing members of the team to fill the coverage gap. Mohr reports to Eric Robin, head of corporate fx sales. Robin did not return calls.
At BofA, Mohr reported to Robert Gotelli, global head of corporate fx sales in New York, who did not return calls.