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A top Goldman Sachs salesman is leaving for rival JPMorgan Chase

Mar 15, 2019, 01:18 IST

REUTERS/Dylan Martinez

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  • JPMorgan Chase has poached a top stock salesman from rival Goldman Sachs.
  • Jack Jonston is joining the firm as co-head of US equity salestrading, according to people familiar with the matter.

A top Goldman Sachs stock salesman has left the firm, and he's headed to rival JPMorgan Chase, according to people familiar with the matter.

Jack Johnston, a managing director in equity sales at Goldman since 2013, is leaving for JPMorgan, where he will be a managing director and co-head the US equity salestrading business, the people said.

Johnston will co-head the business alongside Benno Green, and they will report into the Adam Englander, the bank's head of Americas execution services.

A nearly two-decade Wall Street veteran, Johnston spent six years at Morgan Stanley before joining Goldman.

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A JPMorgan spokeswoman declined to comment. A Goldman Sachs spokesman did not immediately respond to request for comment.

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