JPMorgan Picks Castaldo, BofA’s Martin to Lead Mid-Cap M&A

JPMorgan Chase & Co. has named co-heads of mid-cap mergers and acquisitions in a push to more thoroughly cover smaller companies.

Andrew Castaldo, who has been with the biggest US bank for a decade, will run the business alongside Andrew Martin, who will join later this year from Bank of America Corp., according to a memo reviewed by Bloomberg News.

The two bankers will be based in New York and will be under the leadership of Anu Aiyengar, JPMorgan’s global head of M&A. A spokeswoman for JPMorgan confirmed the contents of the memo but declined to comment ...