JPMorgan has rejigged the upper ranks of its investment bank again this year as the US giant looks to gain more market share over its rivals.

The US bank has named new heads across its mergers and acquisitions, equity capital markets and leveraged finance team, shaking up the divisions after another overhaul earlier this year. JPMorgan has pushed ahead with an internal reorganisation after sweeping changes unveiled in February. The world's largest investment banks have continued to look internally for talent as the coronavirus crisis has made recruitment more difficult.