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JPMorgan confirms high-level team in Australia

The US firm names Tim Fletcher and Shaun Treacy as co-heads of investment banking and Mike Tilley as vice chairman.

Five months after Trevor Loewensohn deserted to UBS, JPMorgan has named its high-level management team for Australia - the firm's biggest market in Asia Pacific ex-Japan. Tim Fletcher and Shaun Treacy have both been promoted within the bank to become co-heads of investment banking. Fletcher will be based in Sydney, while Treacy will run the Melbourne operation.

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