JPMorgan Hires Bank of America's David Fishman to Lead Technology M&A
On August 21, 2026, JPMorgan Chase & Co. (NYSE:JPM) announced the hiring of David Fishman from Bank of America Corporation (NYSE:BAC). Fishman will lead North American technology mergers and acquisitions at JPMorgan after nearly 16 years with BAC's tech banking group. The move is part of a broader strategy by JPMorgan to consolidate senior talent in its technology M&A division. Alongside Fishman, Vineet Seth has been promoted to vice chair of investment banking, both joining a new Technology M&A Leadership and Advisory Council. This follows recent departures from Bank of America, including Mike Joo (to Barclays) and Amy Lissauer (also to JPMorgan), raising concerns about client retention for BAC. While the hiring is seen as an enhancement in expertise for JPMorgan, it also highlights potential integration risks during a period of elevated technology dealmaking. Bank of America's lack of public response or replacement strategy leaves uncertainty around its ability to retain key clients and rebuild leadership.
Topics: Banking Executive Movement M&A