JPMorgan Promotes Mark Leung and Jason Sippel as Global Co-Heads of Equities

JPMorgan Chase & Co has revamped its Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term division, appointing Mark Leung and Jason Sippel as Global co-Heads of Equities, which follows on the heels of the recent departure of Tim Throsby earlier this week, according to a Reuters report.

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The move was necessitated by Throsby's exit, which saw him part ways with JPMorgan for Barclays. Mr. Throsby had joined JPMorgan in 2010, focusing on its equities business. In his place, the lender has opted to go with two individuals to replace him, with Mr. Leung and Mr. Sippel stepping into their respective roles with immediate effect.

In this capacity they will be reporting to Daniel Pinto, Chief Executive of JPMorgan's Corporate & Investment Bank. Both individuals have lengthy experience at JPMorgan, with Mr. Leung joining the group in 1997. Over nearly two decades he has held a number of senior roles, including several rates and derivatives trading positions. His most recent position was Head of Equities Trading – Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term).

Mr. Sippel will be promoted to the new role after nearly fourteen years at JPMorgan. He has garnered lengthy experience in the bank’s prime services business. Per the new appointments, both Mr. Leung and Sippel will also help oversee JPMorgan’s prime services business, joining the CIB management team.