JPMorgan Hires Bank of America's David Fishman to Lead Tech M&A

Management
โดย Reuters·US·Read original
Summary · why it matters

JPMorgan Chase is hiring veteran dealmaker David Fishman from Bank of America to lead North America technology mergers and acquisitions, according to an internal memo reported by Reuters. Fishman, who spent nearly 16 years at Bank of America and co-headed its technology, media, and telecommunications banking group, resigned. JPMorgan is also elevating Vineet Seth, its current North America tech M&A head, to vice chair of investment banking, with both bankers joining a new Technology M&A Leadership and Advisory Council. The move follows other recent senior departures from Bank of America, including Mike Joo to Barclays and Amy Lissauer, who is also joining JPMorgan.

Impact on stocks 6

Financials · 2 stocks
Bank of America Corp
BAC
▼ NegativeCompetitionrelevance

Loses a senior dealmaker to a rival, weakening its tech M&A leadership.

Barclays PLC
BARC
± MixedCompetitionrelevance

Mentioned as a recent destination for a Bank of America departure, but no direct impact on Barclays.

Artificial Intelligence · 2 stocks
Digital Finance & Tokenization · 1 stocks
JPMorgan Chase & Co
JPM
▲ PositiveCapitalrelevance

Hires a veteran M&A banker to lead tech M&A, strengthening its investment banking team.

Semiconductors · 1 stocks