JPMorgan Promotes Two New Heads of DCM, ECM Units

JPMorgan has elevated two of its own to staff its Debt and Equity Capital Markets (DCM) – Sudhir Goel has been appointed as the Head of DCM for the 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) region while Daniel Darahem steps into a new role as the Head of ECM – APAC, according to a Reuters report.

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Mr. Goel has worked at JPMorgan as its Managing Director and Head of FX Sales previously in Asia ex Japan – his new appointment as the bank’s Head of DCM will see him retain his existing DCM and sales responsibilities, albeit expanding them to the APAC region.

Previously, he worked at HSBC as its Director of Cross Product Structuring, a role he served in for over six years. Additionally, he worked as Citibank as a Manager of the group’s Treasury Marketing Unit, dating back to 1995, according to information made public on his Linkedin profile.

Mr. Darahem previously worked as the Co-Head of ECM for the Americas. He will continue to work as the head of the strategic investors group and equity private placement for the APAC region in addition to the promotion.

Elsewhere in the world, JPMorgan has been in a state of flux recently, namely in terms of its UK operations. After months contemplating a move elsewhere in the UK, JPMorgan opted to move hundreds of its staff to Dublin, Frankfurt, and Luxembourg. For the past year, European lenders based in the UK, and JPMorgan’s overseas operations in the country, had been looking to continental Europe for a post-Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term contingency plan.