04:27 AM EDT, 08/18/2025 (MT Newswires) -- Jefferies Financial Group ( JEF ) is bringing on Michael Melly from JPMorgan (JPM) to head its financial institutions group investment banking franchise for Asia-Pacific, Bloomberg News reported Sunday, citing people familiar with the matter.

Melly is expected to start as soon as later this year and will oversee deals involving banks, insurers, and asset managers in the region, the news outlet reported.

Melly spent over 11 years at JPMorgan, according to the report.

Jefferies and JPMorgan did not immediately respond to MT Newswires' requests for comment.

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