JP Morgan seeks solution for deal-making big dogs
JP Morgan’s latest high-level reshuffle has put a crack team of dealmakers at the top of the firm, and opened room for new leaders to come up. But keeping senior bankers happy can be difficult, writes David Rothnie.
The US bank’s success in corporate finance since the financial crisis has been down to a host of reasons: its “fortress” balance sheet, prevailing weaknesses among its biggest rivals, a strong management team, and its teamwork. But rarely do people ascribe the bank’s power to individuals.Banking is ...
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