01:11 PM EDT, 05/29/2025 (MT Newswires) -- (Updates with response from JPMorgan Chase ( JPM ) in the fourth paragraph.)

JPMorgan Chase ( JPM ) named former HSBC (HSBC) dealmaker Kamal Jabre as new M&A vice chair to drive growth in Europe, the Middle East and Africa, Reuters reported Thursday, citing a memo.

JPMorgan ( JPM ) also appointed insider Marc Pandraud as M&A vice chair alongside Jabre, the report said.

Pandraud and Jabre will work with JPMorgan's ( JPM ) local industry, country and M&A staff for its EMEA expansion, the report added.

JPMorgan ( JPM ) confirmed to MT Newswires that the reported appointments of Pandraud and Jabre are correct.

An HSBC spokesperson confirmed Jabre's departure in a statement emailed to MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 263.69, Change: +0.20, Percent Change: +0.08