JPMorgan has expanded its private banking team by hiring Domenico D’Urso as new private banker for high-net-worth (HNW) clients.

Based in Milan, D’Urso will report to Roberto Pagliara, head of the HNWI team JP Morgan Private Bank headed by Riccardo Pironti.

Prior to joining JPMorgan, D’Urso worked with Banca Leonardo as head of the private banking division.

Before to this, he worked at Barclays Wealth for 10 years managing UHNWI’s portfolios. He also worked for Schroder Private Banking and PwC Italy as senior auditor, financial institutions division.

Pironti said: "We strongly believe in the Italian market, where we keep investing significant effort and resources. We aim at boosting our team in order to offer Italian investors a truly global investment platform and the expertise of highly skilled professionals."