Banking

JPMorgan’s Holsheimer to leave Hong Kong -memo

One of JPMorgan’s most senior Asia Pacific equities bankers, Ryan Holsheimer, is leaving the bank and Hong Kong to return to Australia, according to a memo seen by Reuters.

Holsheimer had been with the bank for almost seven years and most recently was head of Cash Equities and Equity distribution, Asia Pacific, the memo said.

Sara Perring will move from Tokyo to Hong Kong to take over the APAC cash distribution business for JPMorgan.

Holsheimer will return to “spend more time with his family in Australia and pursue other interests”, according to the memo.

He has been based in Hong Kong since 2008 and previously worked at Goldman Sachs and Bank of America Merrill Lynch, his LinkedIn profile shows.

A JPMorgan spokesman confirmed the contents of the memo.

Most banks in Hong Kong are grappling to retain staff as the city endures its third year of the coronavirus pandemic and implements strict quarantine rules. read more

The city on Monday reported a fresh record daily high of 7,533 new COVID-19 cases and 13 deaths, including that of an 11-month-old, as it battled to curb a fifth wave of infections.

Holsheimer’s departure was first reported on Monday by Bloomberg News. Reporting by Scott Murdoch in Sydney Editing by Bernadette Baum

This article was originally published by Reuters.

Global Business Magazine

Recent Posts

IMF Staff Reaches Staff-Level Agreement on the Third Review under the Policy Coordination Instrument with Serbia

End-of-Mission press releases present IMF staff’s preliminary findings following a visit to a country. The…

7 days ago

Dubai homeowners now holding as long as Londoners and New Yorkers

New fäm Properties analysis of more than 1.1 million Dubai Land Department transactions shows clear…

7 days ago

IMF Staff Completes Governance and Corruption Diagnostic Mission to Nepal

Washington, DC – May 7, 2026: At the request of the Government of Nepal, an IMF…

7 days ago

UAE Capital Markets Are Becoming a Beacon for Foreign Investments!

The UAE’s capital markets are no longer a subplot, but rather the protagonist of the…

1 week ago

$1 billion satellite network planned by an Abu Dhabi-based space company

Abu Dhabi Fund for Development (ADFD) and Orbitworks are collaborating for the advancement of digital…

1 week ago

IMF Staff Completes the 2026 Article IV and Programs Review Mission to the Democratic Republic of Congo

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a…

1 week ago