--- title: J.P. Morgan is hiring senior bankers and traders as other firms cut description: J.P. Morgan is hiring senior bankers and traders as other firms cut image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Exit-7-662x440-May-12-2022-09-21-44-07-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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Morgan is hiring senior bankers and traders as other firms cut Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 08.27.2015 By Terry Flanagan Contributors Corner # J.P. Morgan is hiring senior bankers and traders as other firms cut 08.27.2015 By Terry Flanagan ![J.P. Morgan is hiring senior bankers and traders as other firms cut](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Exit-7-662x440-May-12-2022-09-21-44-07-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut) by [Paul Clarke,](http://news.efinancialcareers.com/us-en/219458/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut/) [eFinancialCareers](http://www.efinancialcareers.com/) --- J. P. Morgan has made a series of senior hires for both its advisory and markets business in the past few weeks, capitalising on the exodus from Royal Bank of Scotland and expanding in an area where other banks are retreating. Senior figures in RBS’s small and respected project finance group have just signed up to J.P. Morgan, according to sources close to the situation. Michael Crosland, head of project finance advisory at RBS and Paul Fairbairn, a managing director in energy advisory at the bank, both joined J.P. Morgan earlier this month. This is an example of RBS losing investment bankers who are well-regarded in their field as a result of its general downsizing. Fairbairn had been with the bank for 18 years, so it’s a significant departure. But J.P. Morgan has also been hiring for its sales and trading business. Florent Beluche, who was head of OTC sales at ED&F Man Capital markets and a specialist in agricultural commodities derivatives, also joined J.P. Morgan earlier this month. J.P. Morgan sold a chunk of its physical commodities business to Mercuria last year, although it remains a player in the sector and Beluche’s focus is on derivative products. Nonetheless, commodities remains a difficult area to work in within investment banking, with a number of firms – notably UBS, Morgan Stanley and Deutsche Bank – all cutting in the sector. Senior sales trader Jonathan Skrine, who was latterly working in emerging markets sales trading at UBS, has also joined J.P. Morgan in a similar role. --- Read the [original article](http://news.efinancialcareers.com/us-en/219458/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut/)on [eFinancialCareers](http://www.efinancialcareers.com/). Register now on [eFinancialCareers](http://www.efinancialcareers.com) to get access to all the latest finance jobs. You can also check out eFinancialCareers on [Facebook](https://www.facebook.com/efinancialcareers) and [Google+](https://plus.google.com/+efinancialcareers/posts). Copyright 2015. Follow eFinancialCareers on [Twitter](https://twitter.com/eFC_USA). [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/j-p-morgan-is-hiring-senior-bankers-and-traders-as-other-firms-cut) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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