off-the-wire

JPMorgan bolsters Mideast debt capital markets team

Kitco Media
By Reuters
Published:
Updated:
Reuters

DUBAI, April 27 (Reuters) - JP Morgan (JPM.N) has hired Ishita Kohli to join its Middle East and North Africa debt capital markets team in Dubai, a spokesperson for the bank confirmed on Thursday.

The move was earlier reported by fixed-income news service IFR. IFR also reported JPM is relocating DCM banker Arseniy Loboyko from London to Dubai, which the spokesperson also confirmed.

Kohli was a DCM banker at Citi in Dubai for nearly 10 years and Loboyko has worked for JPMorgan for over eight years, according to their LinkedIn profiles.

The moves come amid a marked pick-up in bond sales from the Gulf this year after issuance plummeted in 2022 due to volatility.

Reporting by Yousef Saba
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.