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A senior FX salesperson at JPMorgan in London disappeared

Madjid Touabi had a good run at JPMorgan, but now it's over. 

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Touabi, who had been with JPMorgan since at least 2007 according to the FCA Register, has disappeared. JPMorgan declined to comment on his whereabouts. 

Touabi, who ran emerging markets sales for JPMorgan in London, was promoted to managing director in April 2021 and seems to have spent his entire career working in the City. 

It's not clear where he's going next or whether his exit was intended. His popularity at JPMorgan does not appear to have been universal. 

JPMorgan is in the process of tweaking the investment bank following the disappearance of Vis Raghavan. So far the cuts have focused on changes to the investment banking side of the business, where it seems that friends of Vis are slipping away to other things. 

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Photo by Florian Schmetz on Unsplash

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AUTHORSarah Butcher Global Editor

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.