JPMorgan’s Europe chief Filippo Gori to relocate to New York

The head of JPMorgan Chase & Co.’s (NYSE:JPM) European operations is reportedly relocating to New York but will continue overseeing the bank’s business across Europe, the Middle East, and Africa.

Filippo Gori, who is also JPMorgan’s co-head of global banking, moved to the UK from Hong Kong last year after being promoted to the dual role.

But the Italian banker is now in the process of leaving for New York, people familiar with the situation told the Financial Times.

One of the people said Gori would spend “at least half of his time” in Emea for the rest of this year and would “continue to be highly visible among employees and clients in the region”.

The report added that UK regulators had been aware that Gori might relocate to the US since he was appointed chief executive of JPMorgan’s Emea business in 2024.