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JP Morgan builds in healthcare M&A

Move follows Rothschild hire

JP Morgan has hired the founder of Goldman Sachs’ European healthcare team as it seeks to leapfrog rivals to become the top mergers and acquisition adviser in the sector.

Andrea Ponti, a former partner at Goldman Sachs, resigned from the bank last Friday and will take up his post as co-global head of healthcare at JP Morgan in June. Goldman Sachs declined to comment.

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