JP Morgan has reportedly hired UBS executive Reinout Boettcher as vice chair of EMEA investment banking in Zurich.
Boettcher will report to JP Morgan EMEA Investment Banking co-heads Dorothee Blessing and Conor Hillery, Reuters reported citing a staff memo.
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He will work with the company’s Switzerland senior country officer Nick Bossart.
Boettcher was most recently head of global banking for UBS in Switzerland, responsible for Swiss corporate clients, project origination and execution.
Prior to that, he worked in corporate finance with a focus on M&A advisory at Dresdner Bank in Frankfurt.
Recent development at JP Morgan
Earlier this month, JP Morgan Private Bank appointed Koh Eng as the head of JP Morgan Trust Company in Singapore.
In June, JP Morgan Asset Management acquired forest management and timberland investing company Campbell Global from BrightSphere Investment for an undisclosed sum.
The deal expected to poise the investment giant as a significant benefactor for thriving forests globally, including in 15 US states, New Zealand, Australia, and Chile.
The same month, JP Morgan Chase & Co reportedly applied to take 100% ownership in its China securities venture as part of its expansion strategy in the country.
In May this year, JP Morgan Private Bank named Elaine Zhang as its new China market leader for Singapore.
JP Morgan asset & wealth management (AWM) arm embarked on the road to recovery in Q1 2021, reporting an 86% surge in net income and a 20% increase in net revenue.
