People Moves

JP Morgan Adds Goldman Sachs UHNW Banker In New York

Harriet Davies Editor - Family Wealth Report 23 September 2011

JP Morgan Adds Goldman Sachs UHNW Banker In New York

JP Morgan has hired Jasmine Abouzied, latterly of Goldman Sachs Group, as an executive director and private banker at its New York office, expanding its team there.

Abouzied, who was at the private wealth management division of Goldman Sachs since 1998, will work with ultra high net worth clients of JP Morgan. She will be responsible for delivering the firm’s investing, wealth transfer, credit and philanthropic services to these clients in the New York area.

She will report to Mary Casey, managing director on the northeast private bank team.

Hiring and staff turnover rates have picked back up in the US financial services industry, a new survey from Crowe Horwath shows, as detailed in Family Wealth Report yesterday. Employee turnover has returned to pre-recession levels, bucking a downwards trend that has lasted four years, and employees feel more confident now to go in search of new opportunities, the firm says (view here).

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