JP Morgan restructures equities business

Hernandez assumes the additional responsibility of running JP Morgan's cash equity business, following the departure of the previous cash equities head, Mino Capossela, who was recently fired by the firm, according to a JP Morgan official.

In this new position, Hernandez will be responsible for overseeing the whole of the North American equities business, while his former role as global head of equity capital markets, which focused on all non-cash equities business, is eliminated.

A spokesman for JP Morgan said that the move was part of the bank's overall strategy to streamline its equity business areas. John Corrie and Fraser Partridge continue to head the London and Asian equities businesses respectively.

All three report to Steve Black, global head of equities.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here