MOVES-JPMorgan names Jerry Lee global chair of investment banking, memo shows

Reuters
2025.08.22 15:10
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JPMorgan Chase has appointed Jerry Lee as global chair of investment banking, effective in Q1 next year. Lee, a veteran with 19 years at Goldman Sachs, previously led biopharma banking and healthcare investment services. His appointment comes amid expectations of a rebound in dealmaking, with analysts predicting a strong 2026 for investment banking due to easing rates and renewed corporate confidence. Investment banking is crucial for banks, generating significant revenue from mergers and capital raises.