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The largest U.S. lender by assets has been bolstering its investment banking leadership as dealmaking and IPOs make a comeback amid soaring markets and lower rates. Sign up here. Hirschfield, who will be based in Chicago, was most recently a partner at Rothschild, where he established their Chicago office and led mid-west investment banking. Prior to joining Rothschild, Hirschfield was a senior banker at Goldman Sachs where he led the paper and packaging industry business within investment banking. JPMorgan has been on a hiring spree and earlier this month it named a former Bank of America executive as its global chair of investment banking and M&A. It also poached three senior investment bankers from Deutsche Bank and Goldman Sachs to expand its M&A team that caters to the business services sector. Investment banking fees at JPMorgan rose 16% in the third quarter and the bank has called it its "busiest summer" in a long time. Reporting by Nupur Anand in New York, Editing by Nick Zieminski Our Standards: The Thomson Reuters Trust Principles., opens new tab Nupur Anand is a U.S. banking correspondent at Reuters in New York. She focuses on JPMorgan Chase, Wells Fargo and regional banks. Anand covered banking and finance in India for more than a decade, chronicling the collapse of major lenders and turmoil at digital banks and cryptocurrencies. She has a degree in English literature from Delhi University and a postgraduate diploma in journalism from the Indian Institute of Journalism & New Media in Bangalore. Anand is also an award-winning fiction writer.
