JP Morgan has poached Deutsche Bank's head of debt capital markets for North Africa, Nabil Menai, appointing him to the new position of head of DCM for the Middle East.

The hire is understood to the first of up to the three senior hires JP Morgan is to make in its bond origination and syndicate team in London following the ascension of Viswas Raghavan to head of capital markets for Europe, Middle East, Africa and Asia-Pacific.