JPMorgan’s Top Dealmaker Says April Was ‘Challenging’ for M&A

JPMorgan Chase & Co.’s Anu Aiyengar, global head of advisory and M&A, said April was a “challenging” month for deals as clients navigated geopolitical uncertainty tied to the Iran war.

“When you see that it’s about to get solved you may say, ‘You know what? Let me just wait for a few weeks,’” Aiyengar said in a Bloomberg Television interview Tuesday at the Milken Institute Global Conference. “So there’s been a bit of stop and start that has happened in April.”

Dealmakers at the biggest US bank notched their best quarter since 2021 in the first three months ...