Jamie Grant, Global Chair of Investment Banking at J.P. Morgan, will retire early next year after more than 40 years at the firm, according to an internal memo.
Grant joined J.P. Morgan in 1980 and played a pivotal role in shaping the bank’s global investment banking franchise from its early days.
🔹 A Career That Helped Define Modern Investment Banking
Over four decades, Grant:
- Helped lead J.P. Morgan’s initial expansion into investment banking, advising U.S. and European clients in the Eurobond market
- Contributed to the development of global interest rate derivatives
- Played a key role in building the firm’s U.S. equities business, including its first IPO and equity underwriting
- Worked closely with policymakers during regulatory changes following the repeal of Glass-Steagall
- Led consumer, retail, and healthcare investment banking after the JPM–Chase merger
Appointed Global Chair of Investment Banking in 2013, Grant went on to advise on major M&A and financing transactions, mentoring generations of senior bankers along the way.
🔹 Why It Matters
Grant’s retirement marks the departure of a foundational figure in J.P. Morgan’s investment banking history — someone whose career spanned multiple market cycles, regulatory regimes, and the evolution of modern capital markets.