On August 21, 2026, Reuters reported that JPMorgan Chase & Co. (NYSE:JPM) is hiring veteran dealmaker David Fishman away from Bank of America Corporation (NYSE:BAC) to lead North America technology mergers and acquisitions, according to an internal memo.
Fishman, who spent nearly 16 years at Bank of America and most recently co-headed its technology, media, and telecommunications banking group, resigned. JPMorgan is also elevating Vineet Seth, its current North America tech M&A head, to vice chair of investment banking, with both bankers joining a new Technology M&A Leadership and Advisory Council. The move follows other recent senior departures from Bank of America, including Mike Joo to Barclays and Amy Lissauer, who is also joining JPMorgan.
JPMorgan Chase & Co. (NYSE:JPM) is deliberately consolidating senior technology banking talent rather than simply filling a vacancy. Creating a dedicated Technology M&A Leadership and Advisory Council around both Fishman and Seth signals the bank wants concentrated expertise serving its largest technology clients. It's exactly the kind of strong relationship that wins big contracts in a sector that pays huge fees.
Landing a banker with Fishman's specific relationships adds value beyond his **** le. Senior dealmakers carry the client relationships that determine who gets the first call when a board weighs a merger. After almost 16 years running technology, media, and telecom deals at Bank of America Corporation (NYSE:BAC), Fishman brings a book of relationships JPMorgan did not have to build organically.
The hire fits a broader pattern of JPMorgan pulling senior talent from Bank of America. With Amy Lissauer also joining JPMorgan later this year, JPMorgan is compounding its technology and shareholder-defense banking bench at the same time, a coordinated buildout rather than an isolated hire.
#technology #bank
Fishman, who spent nearly 16 years at Bank of America and most recently co-headed its technology, media, and telecommunications banking group, resigned. JPMorgan is also elevating Vineet Seth, its current North America tech M&A head, to vice chair of investment banking, with both bankers joining a new Technology M&A Leadership and Advisory Council. The move follows other recent senior departures from Bank of America, including Mike Joo to Barclays and Amy Lissauer, who is also joining JPMorgan.
JPMorgan Chase & Co. (NYSE:JPM) is deliberately consolidating senior technology banking talent rather than simply filling a vacancy. Creating a dedicated Technology M&A Leadership and Advisory Council around both Fishman and Seth signals the bank wants concentrated expertise serving its largest technology clients. It's exactly the kind of strong relationship that wins big contracts in a sector that pays huge fees.
Landing a banker with Fishman's specific relationships adds value beyond his **** le. Senior dealmakers carry the client relationships that determine who gets the first call when a board weighs a merger. After almost 16 years running technology, media, and telecom deals at Bank of America Corporation (NYSE:BAC), Fishman brings a book of relationships JPMorgan did not have to build organically.
The hire fits a broader pattern of JPMorgan pulling senior talent from Bank of America. With Amy Lissauer also joining JPMorgan later this year, JPMorgan is compounding its technology and shareholder-defense banking bench at the same time, a coordinated buildout rather than an isolated hire.
#technology #bank
6 days ago
