JPMorgan Chase strengthens tech banking team with key hires from major competitors.

From Yahoo Finance: 2025-05-23 15:55:00

JPMorgan Chase & Co. (JPM) bolsters its investment banking technology team on the West Coast with hires from Goldman Sachs, Bank of America, and Lazard. The bank recently played a crucial role in tech-related transactions, investing $17 billion in technology last year, more than any other bank. Co-heads Grose and Mendelson emphasize the firm’s commitment to serving the tech sector.

Mark Garcia joins as vice chair and global head of semiconductors, Eric Quanbeck and Brett Miller join as managing directors, and Peter Duda joins as a managing director focused on software. They will be based in San Francisco and Seattle. JPM’s stock has surged nearly 9% since the beginning of 2025.

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Read more at Yahoo Finance: JPMorgan Chase & Co. (JPM) Strengthens Tech Banking Team with Hires from BofA, Goldman, and Lazard