JP Morgan’s new head of corporate banking for Europe has taken the role at a volatile time for the Wall Street bank’s clients. After the UK’s Brexit vote and Donald Trump’s presidential election last year, companies must “think the unthinkable”, Stefan Behr said.

“The risk management agenda has changed,” Behr told FN in his first interview since taking the new job. “If you look at the two big events of last year, who would have thought those would be the outcomes and who would have thought that markets would have responded the way they did? The range of scenarios you need to prepare for has become bigger.”