JPMorgan Set to Keep 40% of Fees From Financing EA’s Buyout (1)

JPMorgan Chase & Co. is set to keep 40% of the fees tied to $20 billion of debt financing backing the take-private of Electronic Arts Inc., disappointing a large group of banks that were keen to get a bigger share of the deal.

At 40%, JPMorgan will hold on to about $200 million of the total fee pool, according to a person with knowledge of the matter, who asked not to be identified discussing private information. The bank initially agreed to solely underwrite the debt commitment for the $55 billion acquisition.

Around 20 lenders including Bank of America Corp. ...