JPMorgan hires Mann for Australian business

By Scott Murdoch

HONG KONG (Reuters) - JPMorgan <JPM.N> has hired investment banker Duncan Mann to become the head of its financial sponsor coverage in Australia, according to a memorandum.

Mann will also serve as the co-head of industrials coverage and joins JPMorgan from rival Credit Suisse<CSGN.S>, the note said.

A JPMorgan spokeswoman confirmed the contents of the memorandum.

Prior to Credit Suisse, Mann spent ten years at Deutsche Bank<DBKGn.DE> in Sydney and Hong Kong where he specialised in domestic and international private equity deals.

Mann will join JPMorgan in November, the note said.

(Reporting by Scott Murdoch in Hong Kong; Editing by Shri Navaratnam)