JPMorgan hires KBW's Chris Mihok, expands team after £9.9 billion deal
JPMorgan Chase hired Chris Mihok from Keefe, Bruyette & Woods as managing director for North America bank coverage. This hire boosts its financial institutions group after the bank advised on the £9.9 billion Nuveen-Schroders deal and posted $2.88 billion in Q1 investment banking fees, a 28% year-over-year gain.
1. New Hire Details
Chris Mihok is set to join JPMorgan Chase as managing director focusing on North America bank coverage, reporting to co-heads Clay Robinson and Andrew Spicehandler. He will begin the role in early July, moving from Keefe, Bruyette & Woods where he led bank coverage.
2. Group Expansion and Deal Activity
The addition of Mihok boosts JPMorgan's financial institutions group, which recently advised on Nuveen's £9.9 billion acquisition of Schroders, ending the firm's 200-year independence. His hire broadens the team's capacity for large-scale banking transactions.
3. Recent Investment Banking Performance
JPMorgan posted $2.88 billion in investment banking fees in Q1 2026, up 28% year-over-year, driven by mergers advisory and equity underwriting. These results cemented its position as the top-ranked global bank for investment banking fees in the quarter.