Aug 22 (Reuters) - Wall Street giant JPMorgan Chase ( JPM )

has named industry veteran Jerry Lee as global chair of

investment banking, according to an internal memo seen by

Reuters on Friday.

The appointment comes as bankers worldwide anticipate a

rebound in dealmaking in the second half of the year despite

tariff disputes and regulatory hurdles.

Analysts expect 2026 to be a bumper year for investment

banking as easing rates, recovering markets and renewed

corporate confidence fuel a pickup in mergers and capital

raising.

Lee will start at the largest U.S. bank by assets in the

first quarter of next year, after 19 years at rival Goldman

Sachs ( GS ).

He recently served as Goldman's global head of biopharma

banking and healthcare investment banking services.

Investment banking remains a key profit-driver for lenders,

with fees from advising on mergers and underwriting capital

raises often among their most lucrative revenue streams during

periods of strong deal activity.

Lee, who was promoted to partner at Goldman in 2020, has

advised on more than $300 billion worth of announced mergers and

acquisitions, the memo said.