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JPMorgan hires Jefferies energy investment banker

JPMorgan Chase & Co. hired Jonathan Ernst as an executive director of its energy group.

Ernst will join the banking giant's corporate client banking and specialized industries business within the commercial banking division. He will primarily focus on the exploration and production sector across the south region, JPMorgan said.

He was most recently a senior vice president at Jefferies LLC's energy investment banking team, where he focused on M&A, debt and equity financing, joint ventures, restructuring and recapitalization.