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JPMorgan’s investment banking chair departs, memo says

Market Spectator December 2, 2024 1 minute read
2024-12-02T192016Z_1_LYNXNPEKB10W0_RTROPTP_4_WSJD-CONFERENCE

(Reuters) – Wall Street giant JPMorgan Chase’s global chair of investment banking Jennifer Nason is set to leave the bank early next year after almost four decades, according to an internal memo seen by Reuters on Monday.

Accenture nominated Nason as one of its candidates to be elected to the board, the Dublin-based consultancy firm said earlier on Monday.

Nason, an industry veteran, led the Technology, Media and Telecommunications global client practice and, according to Accenture, was responsible for JPMorgan’s several key investment banking relationships around the world.

“Jennifer has lent her perspective and expertise to companies and executives at the forefront of technological innovation and development,” the memo showed.

Nason, who joined the bank in 1986, began her career in Melbourne, Australia, as a corporate finance trainee on the Metals and Mining M&A team.

(Reporting by Pritam Biswas in Bengaluru; Editing by Alan Barona)

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