JP Morgan taps Holmes to lead global rates trading
Management shake-up also sees Matthew Franklin-Lyons named head of North American rates trading
JP Morgan has promoted Gil Holmes to head of global rates trading and elevated Matthew Franklin-Lyons to run North American rates trading as part of a wider restructuring of its giant fixed income unit.
The bank’s vanilla and exotic rates trading activities will be consolidated under Holmes, a 23-year JP Morgan veteran who previously oversaw non-linear and structured rates globally.
His promotion follows the departure of Thomas Pluta, the former global head of linear rates trading and co-head
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