JPMorgan Chase appointed three insiders as global chairs of its investment banking division to take advantage of the surge in dealmaking activity. Global M&A reached $2.6 trillion in the first seven months of 2025, the highest since the pandemic peak in 2021. The trio will offer strategic advice to key clients, reinforcing the bank’s investment banking division.

JPMorgan exceeded second-quarter profit estimates, with investment banking fees rising 7% to $2.5 billion, driven by M&A and debt underwriting growth. Chen, Dupree, and Turpin bring years of experience to the senior team, with Turpin boasting a 30-year tenure at the bank and involvement in major deals like T-Mobile and Sprint and Warner Media and Discovery.

Read more at Yahoo Finance: JPMorgan elevates three insiders as global investment banking chairs on M&A revival