JPMorgan 'aggressive' in hiring more investment bankers

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'We have been executing a very aggressive plan to hire senior bankers'.

JPMorgan’s Daniel Pinto, who runs the securities unit, said he’s hiring dozens of top investment bankers as deal-making soars to a record.

“We have been executing a very aggressive plan to hire senior bankers in select areas,” Pinto said in an interview in London.

Bloomberg News reports that a historic boom in mergers, fuelled by low interest rates and led by deals worth tens of billions of dollars, has been a boon to securities firms, which have seen trading revenue decline. JPMorgan advised on about one-third of the world’s record $3.5 trillion of mergers this year, placing it second among advisers, up one notch from last year, data compiled by Bloomberg show.

To access the complete Bloomberg News article hit the link below:

JPMorgan's Pinto Is Hiring Dozens of Top Bankers Amid M&A Boom

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