10:02 AM EDT, 06/02/2025 (MT Newswires) -- (Updates with response from Citigroup ( C ) in the third paragraph.)

JPMorgan Chase ( JPM ) is looking to hire Theodoros Giatrakos for its financial sponsors group as it plans to boost its business advising private equity firms, Bloomberg reported Friday, citing sources close to the matter.

London-based Giatrakos is currently working with Citigroup ( C ) , where he has previously led the bank's alternative assets group for Europe, the Middle East and Africa, the news report states.

Citi declined to comment when reached by MT Newswires. JPMorgan ( JPM ) didn't immediately respond to a request for comment.

(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.)

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