JP Morgan slashes jobs in SIDM

The retail and institutional elements of the team are being merged, causing the reduced headcount. Staff members globally are believed to be around 80.

The team has staff in London, Hong Kong and New York, and has been run by London-based Beat Von Gunten, whose own future is unclear, according to a London-based headhunter. Von Gunten became global head of the division in May this year, taking over from Giles Rothwell.

Oliver Jerome, European co-head, has reportedly already left. He moved to the

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