JPMorgan Hires Lee from Goldman as Investment Banking Chair

JPMorgan Chase & Co. has hired Jerry Lee from rival Goldman Sachs Group Inc. as a global chair of investment banking.

Lee will join JPMorgan in the first quarter of next year and report to Filippo Gori and John Simmons, the firm’s co-heads of global banking, according to a memo seen by Bloomberg News.

Lee has spent almost two decades at Goldman Sachs, where he was most recently a partner helping lead its biopharma banking and health-care investment banking services teams. He has advised on more than $300 billion worth of announced mergers and acquisitions during his career, the ...