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JP Morgan adds Deutsche banker to tech team

Software sector has grown in prominence as older software makers respond to challenges posed by up-and-coming web companies

JP Morgan is making another tech banking move, naming a new global head of software banking, Brian Truesdale, who is joining from Deutsche Bank.

The move comes after JP Morgan made a series of promotions in its tech practice. Truesdale, who is based on the East Coast, is the first new hire in tech coverage for the bank since Michael Millman was named as head of North American tech banking. Truesdale will begin in September.

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