People News: JPMorgan, Nomura

JPMorgan’s Swiss unit has hired Matteo Gianini from Deutsche Bank, adding to the lender’s wealth-management troubles there.

Bloomberg News reports that Gianini will oversee JPMorgan’s Swiss-based clients from offices in Geneva and report to Pablo Garnica, head of private banking in Europe, the Middle East and Africa, the company said in a statement on Wednesday. He was previously head of wealth management at Deutsche Bank’s Swiss unit.

“Matteo’s deep understanding of the Swiss market, extensive background in relationship management, business acumen and overall leadership are sure to be invaluable as we grow our presence in Switzerland,” Garnica said in the statement.

In the meantime, Bloomberg also reports that Nick Matthews has resigned from Nomura International in London, where he was head of European economic research, according to people familiar with the matter.

Matthews quit last week, the people said, asking not to be identified because the matter is private. A spokeswoman for Nomura declined to comment when asked if he was still employed. Bloomberg was unable immediately to reach Matthews, who previously worked at Royal Bank of Scotland and Barclays Capital, by telephone.

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