JPMorgan has hired a trio of dealmakers for a unit that targets deals in the mid-market.
Thibaud de Maria has joined the bank as head of green economy for Europe, the Middle East and Africa within its commercial banking team, according to a memo sent to staff seen by Financial News.
He was latterly at Deutsche Bank where he was a managing director and head of energy transition and global industrials for Emea within its investment bank.
JPMorgan has also hired Franz Kramer from BNP Paribas as head of Nordics for corporate client banking and Roger Fix from UBS to head up the division in Switzerland.
Kramer is the first hire for the unit within JPMorgan’s Nordic operation and is tasked with building out the business in the region.
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Large investment banks have increasingly been targeting smaller deals across the mid-market in Europe.
Goldman Sachs has created a team of around 50 dealmakers in Europe for its cross-markets function unveiled in 2019, while Bank of America and HSBC have also hired bankers to focus on the mid-market.
Others such as JPMorgan and Citigroup have looked to create closer ties between their commercial banking and investment banking units. JPMorgan’s corporate client banking team straddles the two business lines, offering both commercial and investment banking services to mid-sized companies.
It was launched outside the US and Canada four years ago, and the bank has been making senior hires across Europe in recent months.
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