Jpmorgan replaces the head of European banks who was doing a job from New York

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JPMorgan Chase replaced its European president, who moved to New York this year, installed two bankers in London and Paris to participate in the leadership of its business in Europe, the Middle East and Africa.

Philipo Guri, who is still one Jpmorgan“The largest banker as a co -leader of global banking services, will be replaced by Conor Hilli and Matteo Witz in his European role, according to the internal notes that the Times financial sees. Hillary and Woez will act as executive officials participating in the regional operations of the Wall Street Bank.

This step comes yet FT revealed in June This was Gori in the process of moving from London to New York, but he would keep his role to run European works.

In addition to his European responsibilities, GORI was upgraded last year to the Global Banking Department of JPMorgan, one of its main business lines in its commercial and investment bank (CIB).

“With Philipo moved to New York now, and given the time required by global banking works, he felt that it was the time to make this transition.”

Hilli, head of investment banking at JPMorgan in Europe, the Middle East, Africa, and Woez, the head of its sales to the region, has also worked as the European Vice President of the European Business for the lender since 2024. He will join the CIB Group management team and present a report to Petno, Rohrbau and Erdoes.

In a separate note, Gori said: “With my move to New York in the summer, it was now logical to pass the stick” both “.

While supervising a UK -based bank from the United States is unconventional, it is not without a precedent.

Sir Mark Taker, who headed HSBC, is based in London until last week, lives in New York, while Barclays Cs Venkatakrishnan will divide his time between the United States and the United Kingdom.

JPMorgan has reorganized the investment bank in recent years and has reshaped leadership roles throughout the group as a handful of executives on Khalaf Jimmy Damon, CEO, who has run the bank since 2006.

The main competitors for success Damon Petno, Rohrbau, and Marianne Lake, Consumer Consumer Chairman JPMORGAN.

Jpmorgan refused to comment behind the notes.