TransJFJ poached Michael Melly, a senior executive from J.P. Morgan, to serve as the head of the Asia-Pacific investment banking division of their financial institution.

Zhitanjing Financial APP learned that Jefferies Financial Group Inc. has reportedly hired Michael Melly from J.P. Morgan to serve as the head of its financial institutions group investment banking business in the Asia-Pacific region. The report quoted sources as saying that Melly will be responsible for handling transactions involving banks, insurance companies, asset management companies, and other clients in the region.