Key insights
- JPMorgan Chase hired Chris Mihok from KBW as a managing director to cover banks. This move expands JPMorgan's financial institutions coverage team, signaling continued investment and focus on the banking sector. While not a major market mover, it reflects ongoing activity and competition within the financial services industry.
NEW YORK, April 30 (Reuters) - JPMorgan Chase has hired Chris Mihok from Keefe, Bruyette & Woods as a managing director to cover banks, expanding the team covering financial institutions, a spokesperson said on Thursday.
Mihok will report to Clay Robinson and Andrew Spicehandler, who lead North America banks. He will start in early July, the spokesperson said.
JPMorgan was one of the financial advisors to Britain’s Schroders, which is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.4 billion) in a deal that ends the 222-year-old London firm’s independence.
JPMorgan also advised U.S. regional lender Webster, which Spain’s Santander is buying in a $12.2 billion deal.
Bloomberg earlier reported the hiring of KBW’s Mihok.