JPMorgan’s (JPM) leadership told investment bankers they need to work harder to close the gap with rivals on mergers and acquisitions, including Goldman Sachs (GS), Bloomberg’s Crystal Tse and Swetha Gopinath report. JPMorgan finished third for global advisory rankings in 2025, with Goldman Sachs first, and is expected to face intensified competition for M&A in 2026, the report notes.
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