JPMorgan Already Has 30 To 40 Investment Bankers Traveling Daily Again

by Tyler Durden
Investment bankers at J.P. Morgan are back to flying the friendly skies.
Amid debate as to whether or not business travel would eventually pick back up to pre-Covid levels, it appears as though the largest lender in the U.S. is doing its part to help steady the air travel industry. The company already has about 30 to 40 investment bankers traveling daily, according to a new report from Bloomberg. 
In-person meetings help banks win lucrative mandates and show their interest to potential clients. 
Jim Casey, J.P. Morgan's co-head of global investment banking, said: “Business travel has picked up as people become more comfortable. You’re not winning new business without in-person connectivity.”

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