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MOVES-JP Morgan hires UBS consumer investment banker -sources [Reuters]
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MOVES-JP Morgan hires UBS consumer investment banker -sources | Reuters 3 Min Read Sept 21 (Reuters) - UBS Group AG’s head of consumer products and retail investment banking, David Tcholakian, has left the bank to join JPMorgan Chase & Co as a managing director, according to three people familiar with the matter. The people asked not to be named because Tcholakian’s hiring had not yet been announced at JP Morgan. Representatives for JPMorgan and UBS representative declined to comment. Based in New York, Tcholakian has worked at UBS for nearly two decades, beginning in 1999, according to his LinkedIn page. As a managing director, Tcholakian will work under JP Morgan’s current global head of consumer retail investment banking Eric Oken. In June, Reuters reported that UBS Group had hired Deutsche Bank AG’s global co-head of consumer retail and services, Jeff Rose, to be co-chief of Americas mergers and acquisitions. Separately, the bank also appointed Solon Kentas, previously a managing
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