$JPMB JPMorgan Expands Investment Banking Push With Veteran Hire đŠ
JPMorgan Chase has appointed Rob Sweeney as global chair of investment banking, bringing in a veteran dealmaker from Goldman Sachs and Sycamore Partners. Sweeney will advise major corporate clients, with a particular focus on consumer and retail companies, while also supporting key client relationships.
The appointment comes as JPMorgan expands its investment-banking operation amid stronger deal activity. The bank has added more than 1,000 bankers globally this year, while investment-banking fees jumped 30% year over year in the second quarter to their highest level since 2021. đ
JPMorganâs latest hiring adds senior leadership capacity as mergers and equity issuance recover from several subdued years. The bank has also expanded coverage teams across industries and regions, reinforcing its investment-banking business as deal activity gains momentum. đ€
JPMorgan Chase has appointed Rob Sweeney as global chair of investment banking, bringing in a veteran dealmaker from Goldman Sachs and Sycamore Partners. Sweeney will advise major corporate clients, with a particular focus on consumer and retail companies, while also supporting key client relationships.
The appointment comes as JPMorgan expands its investment-banking operation amid stronger deal activity. The bank has added more than 1,000 bankers globally this year, while investment-banking fees jumped 30% year over year in the second quarter to their highest level since 2021. đ
JPMorganâs latest hiring adds senior leadership capacity as mergers and equity issuance recover from several subdued years. The bank has also expanded coverage teams across industries and regions, reinforcing its investment-banking business as deal activity gains momentum. đ€