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JPMorgan poaches Goldman Sachs dealmaker to lead German ECM

Banks are bolstering their ECM teams in Europe as revenues have surged

JPMorgan has nearly 12% of the ECM fee pool in Europe, the Middle East and Africa, having hauled in $659.8m so far this year
JPMorgan has nearly 12% of the ECM fee pool in Europe, the Middle East and Africa, having hauled in $659.8m so far this year Photo: Getty Images

JPMorgan has bolstered its European equity capital markets team with a new head of German-speaking countries amid a hiring spree for European dealmakers.

The US bank has hired Thorsten Zahn as head of ECM for Dach (Germany, Austria and Switzerland), according to an internal memo seen by Financial News.

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