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JPMorgan shakes up European technology banking team

Bank overhauls telecoms, media and technology business after the exit of a 20-year dealmaking veteran

The co-head of JPMorgan’s technology investment banking team in Europe has stepped down after two decades with the bank, leading to a shake-up of the operation’s leadership.

Joachim Sonne, who has spent the last 20 years at JPMorgan, co-leading its telecoms, media and technology investment banking team in Europe, the Middle East and Africa alongside Hugo Baring since 2016, will step down, according to a memo seen by Financial News.

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