JPMorgan elevates three insiders as global investment banking chairs on M&A revival

(Reuters) -JPMorgan Chase named three insiders as global chairs of its investment banking division on Tuesday, as U.S. banks position themselves to capitalize on a recovery in dealmaking activity in 2025. Global mergers and acquisitions hit $2.6 trillion in the first seven months of the year, the highest since a 2021 pandemic-era peak, boosting investment banks' prospects. The three - Howard Chen, Charlie Dupree and Fred Turpin - will join a senior team that provides strategic advice to some of JPMorgan' ...