JP Morgan poaches Morgan Stanley's Europe M&A chairman Michele Colocci

William Turvill
Follow William
JP Morgan Buys Ailing Bank Bear Stearns
Michele Colocci first joined JP Morgan in 1992 before moving on to Morgan Stanley (Source: Getty)

JP Morgan has made a major European M&A signing from a Wall Street rival.

Staff were told today that Michele Colocci will be rejoining the bank from Morgan Stanley, where he was chairman of M&A across Europe, the Middle East and Africa (EMEA), as well as co-head of healthcare investment banking.

Read more: Donald Trump says he's planning a haircut for Dodd-Frank

At JP Morgan, Colocci will become co-head of EMEA industry coverage for corporates, along with Harry Hampson, and global co-head of healthcare investment banking, with Jeff Stute.

Viswas Raghavan, JP Morgan’s deputy chief executive in the EMEA region, told staff in an email: “Michele brings more than 30 years of corporate finance experience to his new roles. He rejoins the firm from Morgan Stanley, where he is currently global co-head of healthcare investment banking and chairman of EMEA M&A.

Read more: City Moves - who's switching jobs?

“Over the past decade, he has executed some of the region’s largest deals and developed deep client relationships across the globe. His sector expertise and extensive market knowledge will greatly benefit our franchise as we further strengthen our coverage footprint.”

Colocci joined JP Morgan in 1992 after starting his career at Bain & Co. Raghavan said he would officially rejoin the firm in July, following a period of gardening leave.

Related articles