JPMorgan expands mid-cap investment banking team with three hires

JPMorgan Chase has appointed three senior bankers to its mid-cap investment banking team, reported Reuters.

Rohan Juneja, Ryan Lake and Lauren Vitale will join a unit comprising more than 250 bankers focused on transactions for mid-sized companies and their investors.

The group is said to have completed more than 175 mid-cap deals since the beginning of this year.

Juneja, who previously worked at Jefferies, will be based in New York as a managing director covering media and communications.

Lake joins from Arlington Capital Advisors as a managing director in Phoenix, where he will cover alcoholic and non-alcoholic beverage businesses.

Vitale, formerly with Lincoln International, will serve as an executive director in Chicago, concentrating on education and broader business services.

In July, the bank reported second-quarter profits that exceeded expectations, with investment banking fees rising 7% to $2.5bn, driven by activity in mergers and acquisitions and debt underwriting, according to the news agency.

The bank has also recently added Max Barrett as managing director for natural resources and Carl Torrillo as a New York-based managing director covering capital goods.

JPMorgan mid-cap investment banking global head John Richert was quoted by the news agency as saying: “Mid-cap companies and investors are critical players in our national economy, driving innovation, creating jobs and providing essential services.

“We have grown our team by 40% over the past year to ensure we can deliver the tailored solutions and deep industry expertise that our clients need.”

Earlier this month, JPMorgan appointed Sarah Catania as the head of its private banking business for continental Europe.

"JPMorgan expands mid-cap investment banking team with three hires" was originally created and published by Private Banker International, a GlobalData owned brand.

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