JPMorgan Chase & Co. leadership pressures investment bankers to narrow the mergers and acquisitions gap with rivals, notably Goldman Sachs Group Inc.
John Simmons and Filippo Gori, co-heads of global banking, delivered the directive during an internal meeting in January.
Simmons and Gori stated the M&A division underperformed in 2025.
They stressed the need for improvement to reclaim market share, signaling a strategic focus on bolstering advisory performance.