JPMorgan Chase has hired a record number of senior commercial and investment bankers in the past year as part of an assault on markets it is targeting for growth.
The Wall Street lender has poached about 100 managing directors from competitors including Goldman Sachs and Citigroup since early last year, people familiar with the details told the Financial Times.
The recruitment campaign has significantly exceeded hiring in previous years, the people added, noting that JPMorgan has brought more managing directors into its global banking division over the past 12 months than it did in the previous decade.
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