JPMorgan Chase has reorganized the management of its capital markets operations, according to an internal memo acquired by Dealbook. The bank will have separate global leadership teams for both equity and debt capital markets. The global debt capital markets group will manage a host of products, from investment-grade and high-yield bonds to leveraged loans and restructuring. The team will be led by JPMorgan’s current heads of syndicated leveraged finance, Andy O’Brien and Jim Casey, according to the memo from Jeff Urwin, the firm’s head of global investment banking coverage, capital markets and mergers and acquisitions. Through the reorganization, O’Brien and Casey will be taking over the high-grade bond team formerly led by Therese Esperdy, who moved to Hong Kong earlier this year to become co-head of Asia-Pacific investment banking. The two men will remain based in New York. JPMorgan has also reorganized its various regional equity capital markets teams under a single global group managed by Vis Raghavan, the firm’s London-based head of international capital markets. The moves aren't seen as a big shakeup at JPMorgan. Rather, they will hep streamline management of the capital markets team while allowing the debt capital markets group to more easily manage more products. [Dealbook, 11/1/11]