Some bankers will be coming back from the long weekend happier than the others.
Erin Jonasson
Street Talk understands JPMorgan’s local outpost has promoted two bankers to the managing director title. John Spada in the firm’s corporate bank and Cameron Nicholls in the investment banking unit are understood to have earned the coveted title, according to client sources. The promotions were yet to be announced more broadly on Monday morning.
Spada is JPMorgan’s head of corporate bank in Australia, with responsibility for allocating the bank’s local balance sheet to its client base. He’s moving up to managing director after 12 years with the firm including stints in New York and his current base, Sydney.Over in investment banking, Nicholls’s managing director promotion comes while he’s staffed on Kiwi milk giant Fonterra’s $1 billion-plus
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