Rewards for Braveheart bankers

Monday 7 April 2008 at 17:00

Two former JP Morgan bankers who sold an advisory boutique the day after it was authorised for business by the UK’s Financial Services Authority, to Evercore Partners, a US bank, have exceeded their targets and received the full payout from the deal.

Bernard Taylor, former vice-chairman of JP Morgan in Europe, and Julian Oakley, a managing director, sold their Braveheart Financial Services boutique in 2006 and have received a total of 2.4 million Evercore shares, according to an SEC filing last month.