Hannam yet to decide future

Tim Wallace
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TOP INVESTMENT banker Ian Hannam yesterday denied rumours that he is looking to join fellow JP Morgan veteran Lloyd Pengilly’s new natural resources fund, insisting he has not decided what role to take when he leaves the firm.

The two are both experienced mining dealmakers, with Hannam currently consulting on the ongoing Glencore and Xtrata merger.

Hannam is leaving JP Morgan following a Financial Services Authority investigation for market abuse. The veteran dealmaker has said he is fighting the regulator’s claims.