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A baseball star in the ‘shark tank’: inside JPMorgan’s client poaching row

Joining from Merrill, a division within Bank of America, Campbell was based out of San Francisco and brought with her almost $1.4b in client assets and loans, including hundreds of millions of dollars from Alex Rodriguez. Just over a year since joining JPMorgan, however, things have soured. The situation has devolved into a legal dispute between the bank and Campbell, who is arguing that her new colleagues have been trying to poach her billionaire and multimillionaire clients, with Rodriguez the main target.

“You don’t feel like you’re working at the same company. You feel like you’re working at different firms,” said one former JPMorgan private banker.

Tags

banking, wealth management