JPMorgan Hires Tech Investment Banker From Bank of America

JPMorgan Chase & Co. has hired Alok Matapurkar from Bank of America Corp. to join its technology investment banking group, according to a memo viewed by Bloomberg News.

Matapurkar, a managing director, will be based in New York and focus on advising companies in the technology services sector. He will report to Madhu Namburi, the head of the group, and work closely with Greg Mendelson, who leads East Coast tech banking and fintech.

Tech bankers have been in demand as deals in the space have been on a tear this year, spurred by strategics and private equity firms ...