JP Morgan 'blinks first' as dramatic staff cuts herald a new focus on vanilla products

sp-jan09-06-gif — Beat von Gunten, JP Morgan

- Structured Products staff
- 01 Jan 2009

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

JP Morgan has wrapped its retail structured products business (the so-called structured investments distributor marketing (SIDM)) into its institutional sales and marketing distribution arm, culling around half of its London-based staff, a change that will see Beat von Gunten, Oliver Jerome and Alan Kruger move away from the structured products team.

The bank will continue to provide structured products to retail, but in a more vanilla style that it says will match the desires of investors

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net