JPMorgan Names Park Pu as Head of Investment Banking at China's Brokerage Unit
July 12 2019 - 3:30AM
Dow Jones News
By Joanne Chiu
JPMorgan has appointed Park Pu as head of investment banking at
its China's brokerage unit, according to an internal memo seen by
The Wall Street Journal on Friday.
Mr. Pu's appointment is subject to the internal approval process
of J.P. Morgan Securities (China) Co. Ltd and effective upon the
full establishment of the company, the memo said.
China Securities Regulatory Commission, earlier this year,
approved a plan by JPMorgan Chase to set up a majority-owned
brokerage joint venture in China.
Mr. Pu, who joined JPMorgan in 2015 as vice chairman of
investment banking for China, has played an instrumental role in
the formation of the bank's brokerage unit in China. In his new
role, Mr. Pu will be responsible for all domestic investment
banking businesses within the onshore brokerage unit, the memo
said.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
July 12, 2019 04:15 ET (08:15 GMT)
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