By Pamela Barbaglia
LONDON (Reuters) - JPMorgan (NYSE:JPM) has elevated two senior bankers in its financial institutions group (FIG) to global co-heads of market infrastructure as it seeks to bolster its sprawling financial services franchise, according to a memo seen by Reuters.
Jeremy Capstick and Howard Chen will co-head the bank's market infrastructure division while former JPMorgan banker Chetan Singh will rejoin the firm to replace Capstick as co-head of EMEA FIG, the memo said.
Singh, who quit JPMorgan in 2016 to join British insurer Aviva (LON:AV) where he recently became a managing director of its annuities and equity release business, will share the leadership of EMEA FIG with Andreas Lindh.
Both Singh and Lindh will report to Laurent Nevi who co-heads JPMorgan's FIG industry group globally.