JPMorgan Chase has announced a leadership shake-up to bolster its technology investment division. Chris Grose and Greg Mendelson have been appointed as global co-heads of the team.

The move comes as investment banking in technology has seen a resurgence across Wall Street. JPMorgan, whihc has 22,000 employees across the UK and its regional headquarters in London and offices in Bournemouth, has reported strong performance in this area, with its technology investment banking revenue up by 46% in the second quarter.

Grose, who joined JPMorgan in 2005, brings extensive experience in the technology sector. Mendelson, a veteran of the firm since 2015, previously served as vice chair of investment banking.

The appointment of these seasoned professionals is expected to further strengthen JPMorgan’s position in the competitive technology investment banking market.

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