PERSONNEL

PERSONNEL

Disappointment over bonuses is understood to be behind the diaspora from investment bankers JP Morgan in New York and London since the beginning of January. Eight members of the bank's derivatives team have resigned to take jobs with competitors and other departures are reported from the foreign exchange and bond sales and trading operations, sources say. Following the departures, Georges-Arnaud Saier, managing director and head of London global markets, was promoted head of global markets,