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JPMorgan shakes up leadership of European banking business

US bank is looking to take on local rivals in the City

JPMorgan's main office in Canary Wharf
JPMorgan's main office in Canary Wharf Photo: Getty Images

JPMorgan has made a series of changes to its senior dealmaking team in London, switching its heads of mergers and acquisitions in the region and making a renewed push to take on dominant banks in the UK.

The US banking giant has moved David Lomer, its co-head of M&A for Europe, the Middle East and Africa alongside Dirk Albersmeier, to become co-head of its UK business with Ed Byers, according to January 29 memo seen by Financial News.

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