UPDATE 2-JPMorgan rejigs investment bank leadership in wider overhaul
Jpmorgan Chase JPM | 0.00 |
Changes sourcing throughout
May 12 (Reuters) - JPMorgan Chase JPM.N, the largest U.S. lender, is overhauling its investment bank leadership as part of a wider reorganization, according to multiple announcements on Wednesday.
As part of the reshuffle, investment banking coverage chief Dorothee Blessing, global head of capital markets Kevin Foley and global co-head of the financial institutions group Jared Kaye have been appointed as the new co-heads of global investment banking.
JPMorgan has also promoted veteran Anu Aiyengar as the global chair of investment banking and M&A. She most recently served as the firm's global head of advisory and M&A.
The overhaul comes as global dealmaking continues to accelerate in 2026, underpinned by a friendlier regulatory regime in the U.S.
Deals worth roughly $2 trillion have been announced as of May 11, up 33% from the same period a year earlier, according to Dealogic data.
In the first three months of 2026, JPMorgan's investment banking fees surged 28%, as it earned more from advising on deals and underwriting share sales.
JPMorgan has remained the leader in the investment banking landscape this year, Dealogic data showed.
Charles Bouckaert, JPMorgan's co-head of industrials investment banking, will become the global head of M&A. Elsewhere, Stathis Karanikolaidis will become the head of North America leveraged finance.
JPMorgan is also strengthening its investment banking franchise by bringing together industry coverage groups and sectoral M&A teams under a unified structure.
The Financial Times first reported the changes on Tuesday.
Here's a look at JPMorgan's global industry heads of investment banking:
Consumer & Retail |
Jeannette Smits Van Oyen and Patrick Gallagher |
Diversified Industries |
Mark Marengo |
Financial Institutions Group |
Usman Ghani and Laurent Nevi |
Healthcare |
Jerry Lee and Nick Richitt |
Media & Communications |
Eric Menell |
Mid-Cap Investment Banking and Business Services |
John Richert |
Natural Resources Group |
Jonathan Cox, Jennifer Dooly and James Janoskey |
Real Estate |
Sal Gambino and Tom Grier |
Strategic Investors Group |
Catherine O'Donnell and Avery Whidden |
Technology |
Chris Grose and Greg Mendelson |
