JPMorgan hires tech bankers
- JPMorgan hired two veteran technology bankers from Bank of America to expand its tech investment-banking group. - The moves add senior rainmakers aimed at capturing advisory fee pools in technology deals. - The lateral hires signal where banks expect durable advisory opportunity and growing deal flow, according to Reuters. (reuters.com)
JPMorgan has hired two senior technology bankers from Bank of America as it adds more dealmakers to its tech advisory bench. (money.usnews.com) The hires are Kaushik Banerjee, Bank of America’s global head of semiconductor investment banking and electronics, and Homan Milani, its head of Americas internet investment banking, according to a memo Reuters reviewed on April 22. Both will join JPMorgan as managing directors. (money.usnews.com) Banerjee will keep focusing on semiconductor and electronics clients, while Milani will become a co-head of JPMorgan’s artificial intelligence effort inside the tech group. Bank of America declined to comment to Reuters. (srnnews.com) Investment banks are adding senior sector bankers again as technology dealmaking picks up after a long slowdown. Reuters reported in March that hiring from rivals had accelerated as dealmaking rebounded and banks competed harder for experienced coverage bankers. (uk.marketscreener.com) JPMorgan has been building this franchise for more than a year. Reuters reported the bank hired about a dozen senior tech bankers in 2025, and said JPMorgan ranked at the top of league tables for fees from U.S. and global tech deals signed in the first quarter of 2026, citing Dealogic data. (srnnews.com) The two new arrivals bring recent deal credentials in the hottest corners of tech. Reuters said Banerjee advised on transactions including ASML’s $1.4 billion investment in Mistral AI and IonQ’s $1.8 billion acquisition of Skywater, while Milani worked on mandates involving DoorDash, Lyft, Pinterest, Affirm, SoFi and Snap. (money.usnews.com) The move also extends a broader tug-of-war between the two banks. Reuters reported in March that JPMorgan had already hired Brian Henderson, Kevin Brunner, Mark Garcia and Roy Wouters from Bank of America over the prior year. (uk.marketscreener.com) Bank of America has been rebuilding its own tech roster at the same time. Reuters reported on March 10 that it hired Jason Rowe from Goldman Sachs as global co-head of technology investment banking, plus Mahir Zaimoglu and Patrik Czornik for technology, media and telecommunications roles in London. (marketscreener.com) JPMorgan’s latest hires point to the same bet as its earlier ones: semiconductor, internet and artificial intelligence clients are generating enough mandates for Wall Street banks to keep paying up for senior rainmakers. (money.usnews.com)
