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JPMorgan hires ex-Bank of America boss Elfring for vice chair role

Elfring will focus on Emea, but in particular, on extending JPMorgan's footprint in the Netherlands

By Paul Clarke
In February last year, as part of a broad shake-up of the upper ranks of its investment bank, JPMorgan promoted 18 senior dealmakers into vice chair positions to focus on its most important clients
In February last year, as part of a broad shake-up of the upper ranks of its investment bank, JPMorgan promoted 18 senior dealmakers into vice chair positions to focus on its most important clients Photo: Simon Dawson/Getty Images

The former European head of corporate and investment banking at Bank of America in Europe has come out of retirement after nearly three years to join JPMorgan.

Bob Elfring, one of the best-known dealmakers in the City, is set to join JPMorgan as vice chair of investment banking for Europe, the Middle East and Africa, according to an internal memo seen by Financial News and confirmed by a bank spokesperson.

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