Joerg Pruessmeier and Christian Berchem were named managing directors...

Joerg Pruessmeier and Christian Berchem were named managing directors at J.P. Morgan Chase’s European institutional equities group. Mr. Pruessmeier will be co-head of equities in Germany with David Scully, and Mr. Berchem will be head of European equity sales for Germany. Both were managing directors at Merrill Lynch; Mr. Pruessmeier was deputy head of equities in Germany, and Mr. Berchem was in European equity sales. Jonathan Humphries, Merrill Lynch spokesman, said replacements for the two men are "to be determined.”