Reported 2 days ago
JPMorgan Chase is expanding its global shareholder engagement and M&A capital markets group by hiring two seasoned bankers, Duncan Herrington and Lyndon Park, as managing directors, along with veteran Brian Frank. This reflects a significant growth for the team in response to rising corporate activism pressures. The bank has successfully restructured its activism defense efforts, recently ranking second behind Goldman Sachs in global financial advisory mandates.
Source: YAHOO