Goldman tech boss goes to JPMorgan

If you've heard the rumour that JPMorgan is agressively hiring, then proof that it is true comes this morning with its hire of Goldman Sachs managing director, Helge Weiner-Trapness.

JPMorgan has lifted the head of the technology group - the self-same group that won FinanceAsia's tech house of the year thanks to its work for TSMC, Legend, Acer and Compal.

The Swede will join JPMorgan as co-head of it newly restructured general industries group with Philip Jackson. This group will now take in the entire Asia-Pacific, including Japan and Australasia.

Before arriving in Asia, Weiner-Trapness had done a lot of work in general industries and healthcare in Europe.

Rumours that Weiner-Trapness is taking a team with him to JPMorgan are denied by Goldman, and don't look very credible given he is moving out of the tech area anyway.

Goldman has not announced a new head of tech. In addition, the cornerstone of its tech business is in Taiwan and those relationships are managed by its Taiwan-based Asia vice-chairman, Hsueh Sung.