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JPMorgan Chase

Brad Demong and Leander Christofides, senior private-credit investors who left JPMorgan Chase & Co. last year, rejoined the bank to run a newly formed global special situations group in its asset management division.

Bloomberg News reports that as the team’s co-chief investment officers, the pair will report to Anton Pil and Chris Hayward, co-managing partners of JPMorgan’s global alternatives unit, according to a statement Monday from the New York-based bank.

In the meantime, Reuters reports that Jonathan Yalmokas has resigned as Bank of America Corp's head of prime brokerage in the Americas to lead an equity financing business at Royal Bank of Canada, a person familiar with the move said on Wednesday.

Yalmokas will start at RBC's New York office in September in a bid to expand its financing business for investment managers, according to the person, who was not authorized to discuss the information publicly.

Ex-JPMorgan Bankers Rejoin Firm to Build Private Credit Team

Bank of America prime brokerage executive jumps to RBC

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