JPMORGAN: CLIENTS PURSUING LARGER DEALS DESPITE HEADWINDS
AI DESK■ 1 MIN READ
SUN, MAY 24, 2026■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
JPMorgan Chase's global M&A head Anu Aiyengar said dealmaking remains challenging, but clients continue to target bigger transactions. Speaking at the Milken Conference, Aiyengar cited geopolitical tensions in April as a headwind.
Anu Aiyengar, global head of advisory and M&A at JPMorgan Chase, told Bloomberg that while dealmaking faced obstacles in April due to Iran-related tensions, her clients are maintaining appetite for major transactions.
The executive's comments suggest a bifurcated market: near-term volatility is dampening activity, but strategic interest in larger acquisitions persists among JPMorgan's client base.
Aiyengar's remarks at the Milken Conference in Beverly Hills reflect broader trends in investment banking. Despite macroeconomic uncertainty and geopolitical risks, corporate boards and private equity firms continue evaluating significant M&A opportunities. The distinction between "challenging" market conditions and continued deal pursuit indicates clients are selective rather than withdrawn from the market.
JPMorgan, a leading advisory firm on global M&A, typically sees early signals of market sentiment through client activity. The emphasis on larger deals suggests corporations and investors are consolidating rather than making smaller, opportunistic moves.
■ MORE FROM THE BUSINESS DESK
HP Inc. reported second-quarter revenue of $14.4 billion, up 9% year-over-year and exceeding analyst expectations of $14 billion. The company also issued a profit forecast for Q3 that tops current estimates.
YESTERDAY— Industry Desk
Rocket and satellite stocks rallied Tuesday following SpaceX's public offering announcement. The filing has triggered broader investor enthusiasm across the aerospace sector.
MAY 26— Industry Desk
Massachusetts has officially recognized the App Drivers Union, representing approximately 70,000 Uber and Lyft drivers. This marks the first state-certified rideshare union in the United States.
MAY 26— Industry Desk
JPMorgan's cross-asset strategy head Fabio Bassi said the technology sector will withstand higher interest rates, citing strong earnings and AI-driven market dynamics.
MAY 26— AI Desk