JPMorgan's London credit salespeople are riding into the sunset
If you're a high yield salesperson in 2025, your job may not be easy. This may, or may not, be why senior credit salespeople are leaving JPMorgan.
Sources say that various senior credit salespeople have resigned at JPMorgan. They include Camlo Sharpe, who left a week ago for Bank of America, and Alex Richards, whose resignation is fresh today.
JPMorgan declined to comment on the exits. Sharpe is a VP-level high yield salesperson who joined the bank in 2019 according to the FCA Register. Richards was JPMorgan's co-head of high yield sales. - He joined the bank in 2011 after graduating from Oxford University and was educated at Eton College.
It's thought that Richards has left JPMorgan with no job to go to, and that he may simply be retiring having received one last bonus.
There are suggestions, though, that JPMorgan's high yield sales team, which has been run by Pauline de Abravanel since April 2024, can be a hard place to work. "People are realising they can get paid as much, if not more, elsewhere for less stress," says one observer. That may be even more true in 2025 than it was during 2024.
Photo by Glen Rushton on Unsplash
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