Mark Davies-Jones, head of European telecoms research at JP Morgan, is set to leave the bank, according to sources close to the firm.

Davies-Jones is still employed by JP Morgan, but is expected to exit the bank in the "next couple of days," according to a source familiar with the situation.  It is not yet known where he will be moving to.

Harry Wilson

JP Morgan

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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JP Morgan telecoms research head to quit

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