* Rick Polhemus and Mike Groeninger will be based in S.F.
* Reporting to Jeff Hogan, head of Western Region IB
By Nadia Damouni
NEW YORK, June 27 Morgan Stanley (MS.N) has
added two JPMorgan Chase & Co (JPM.N) industrial bankers to
join its West Coast team, two sources familiar with the
Rick Polhemus and Mike Groeninger will join as managing
director and vice president within Morgan Stanley's industrials
group. They will both be based in San Francisco and report to
Jeff Hogan, head of Morgan Stanley's Western Region Investment
Morgan Stanley and JPMorgan declined to comment.
JPMorgan has seen a shuffling of its West Coast bankers in
In May, JPMorgan lost two bankers within the technology
team at JPMorgan: Mark Solomons joined Morgan Stanley's
technology group based in Menlo Park, California, and Akhil
Ahuja, based in San Francisco, moved to Wells Fargo & Co
(WFC.N) affiliate Wells Fargo Securities.
That same month, the bank hired the former head of
technology mergers and acquisitions at Barclays Plc's Barclays
Capital, Drago Rajkovic, who will join in August.
Earlier this year, Faisal Chughtai and Sarah Anderson
joined the firm's Internet and digital media group from Royal
Bank of Canada's (RY.TO) RBC Capital Markets. They are both
based in San Francisco.
(Reporting by Nadia Damouni, editing by Gerald E. McCormick)