JPMorgan takes Bhavin

With JPMorgan now hiring aggressively on the equity front, it should come as no surprise that it has hired number one ranked CSFB banker, Bhavin Shah as its head of technology equity research.

Shah joined CSFB in 1996 and was responsible for the architecture of the world's fastest Alpha microprocessor at Digital Equipment Corp. Meanwhile CSFB will replace Shah by moving its Indian head of research, Ashis Kumar, from its banned operation to take on the mantle as its number one tech guru.