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JPMorgan names new vice chair for its diversified industries business, memo shows
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JPMorgan names new vice chair for its diversified industries business, memo shows
Oct 30, 2025 12:29 PM

NEW YORK, Oct 30 (Reuters) - JPMorgan Chase ( JPM ) has

appointed former Rothschild executive Eric Hirschfield as the

vice chair for its diversified industries business, according to

a memo seen by Reuters.

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.

Hirschfield, who will be based in Chicago, was most recently

a partner at Rothschild, where he established their Chicago

office and led mid-west investment banking.

Prior to joining Rothschild, Hirschfield was a senior banker

at Goldman Sachs where he led the paper and packaging industry

business within investment banking.

JPMorgan ( JPM ) has been on a hiring spree and earlier this month

it named a former Bank of America executive as its global chair

of investment banking and M&A.

It also poached three senior investment bankers from

Deutsche Bank and Goldman Sachs to expand its M&A team that

caters to the business services sector.

Investment banking fees at JPMorgan ( JPM ) rose 16% in the third

quarter and the bank has called it its "busiest summer" in a

long time.

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