SRP broke nearly 20 exclusive people move stories in 2019, highlighting just how much the structured product industry is in a state of flux. Many of the larger global banks reshuffled divisions or created entire new businesses to reflect ongoing changes to how products are structured and sold.
Among our most-read stories last year was the news in March that JP Morgan had changed the lineup if its equities business. The bank beefed up the senior management team of this line of business with the appointment of Rachid Alaoui as its new head of global volatility. The US bank continues to phase out some of its more senior executives as its new global retail client and product strategy is implemented. The bank also announced it had created a new equities insurance structuring group i
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