Why JPMorgan’s private banking boss has his sights set on Europe

Why JPMorgan’s private banking boss has his sights set on Europe

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With a Swiss wife, a child born in London and another in Hong Kong, globetrotting Tejpaul is in the thick of a renewed battle for global wealthIllustration: Danilo Agutoli for FN

JPMorgan’s international private bank chief executive Adam Tejpaul doesn’t have much to complain about. The go-to bank for some of the world’s richest people has grown significantly outside its home market of the US. 

In Europe, where the US lender has offices in countries including Switzerland, Italy, France, Germany and the UK, asset growth has been well above 10% in recent years — which Tejpaul says is double the level of some of its biggest Wall Street competitors.