JPMorgan sees further departures from its Asian DCM team with the loss of two bankers in Australia. Jason Lee, managing director of JPMorgan debt capital markets Australia/New Zealand is departing for an undisclosed location. Lee worked in this position for seven years.
Along with his former boss, Craig Tuckwell, vice president of DCM in Sydney is also moving from JPMorgan. Tuckwell leaves for Deutsche Bank's Sydney operations where he will work in the leverage finance department as vice-president, debt products. Effective immediately, Tuckwell will report to David Backler, director, head of products, Australia/New Zealand.
The loss of two additional members takes the total to seven that have either resigned or relocated from JPMorgan DCM in the Asia-Pacific region recently.