J.P. Morgan promotes several bankers. J.P. Morgan has promoted Kurt Simon, head of the technology, media, and telecommunications team, to global chairman of mergers and acquisitions. Simon will move to New York City and report to Carlos Hernandez, the global head of banking. Simon’s remaining team will be split, with North American technology investment banking being led by Michael Millman and North American media and telecon by Fred Turpin. Internet and digital media specialist Noah Wintroub will become vice chairman of investment banking. Mark Fiteny will become head of the Internet and digital media group. Jennifer Nason will retail her role as global head of tech, media, and telecon. New York Times (paywall)
Former SEC chairwoman to join LSE. Mary Schapiro will join the London Stock Exchange board, as the LSE continues its U.S. expansion. Schapiro served as chairwoman of the SEC from 2009 to 2012. She will be a nonexecutive director for LSE, guiding the group as it navigates U.S. regulations. LSE acquired Russell Investments last year, making a foray into U.S. indexing. New York Times (paywall)
Goldman wants more high-speed trading. Goldman Sachs is hiring a number of people to build out its equity-execution unit and pursue more high-speed stock trading. Earlier this year the firm hired Raj Mahajan as head of equity electronic execution services, the first partner-level hire in the equity group in more than a decade. Next Goldman is hiring Keith Casuccio from Morgan Stanley as a managing director to report to Mahajan. The group plans to add more people this year, particularly technology specialists. Bloomberg
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