JPMorgan <JPM.N> has hired investment banker Duncan Mann to become the head of its financial sponsor coverage in Australia, according to a memorandum.
Mann will also serve as the co-head of industrials coverage and joins JPMorgan from rival Credit Suisse<CSGN.S>, the note said.
A JPMorgan spokeswoman confirmed the contents of the memorandum.
Prior to Credit Suisse, Mann spent ten years at Deutsche Bank<DBKGn.DE> in Sydney and Hong Kong where he specialised in domestic and international private equity deals.
Mann will join JPMorgan in November, the note said.
(Reporting by Scott Murdoch in Hong Kong; Editing by Shri Navaratnam)
