(Reuters) -JPMorgan Chase ( JPM ) has appointed Bank of America ( BAC ) executive Kevin Brunner as the global chair of investment banking and M&A, according to an internal memo seen by Reuters on Friday.

The largest U.S. lender by assets has been bolstering its investment banking leadership as dealmaking and IPOs make a comeback amid soaring markets and lower rates.

Brunner was most recently the chairman of global M&A and global head of technology, media and telecommunications investment banking at BofA.

The announcement comes on the heels of JPMorgan ( JPM ) poaching three senior investment bankers from Deutsche Bank and Goldman Sachs ( GS ) to expand the M&A team that caters to the business services sector.

A 25-year BofA veteran, Brunner has advised on marquee deals, including Google on its $32 billion purchase of Wiz, Broadcom on its $69 billion acquisition of VMware and Analog Devices on its $68 billion combination with Maxim.