JP Morgan's investment banking reshuffle in Europe on January 18 has had knock-on effects on its equity capital markets division, with the US bank confirming a sole head of ECM in the region and naming co-heads of equity solutions.

Achintya Mangla, co-head of equity capital markets for Europe, the Middle East and Africa, is now solely responsible for ECM in the region. His former co-head Klaus Hessberger has been named co-head of financial sponsor coverage in Emea, JP Morgan confirmed in an internal memo on January 21.