Bloomberg News reports that Simon, who has led TMT in North America since 2009, will relocate to New York from San Francisco by August 1, according to a memo from investment banking chief Carlos Hernandez.
Hernan Cristerna and Chris Ventresca will remain global co-heads of M&A, reporting to Hernandez. The Wall Street Journal reported the move earlier Thursday.
Simon has led JPMorgan to the No. 2 slot in U.S. technology and Internet deals this year, behind Credit Suisse, data compiled by Bloomberg show.
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