JPMorgan Establishes Sports-Focused Investment Banking Group
JPMJP MORGAN CHASE(JPM) Investopedia·2024-03-20 03:05

Key TakeawaysJPMorgan Chase & Co. has created a sports investment banking group to advise its sports-related clients around the world.Sports franchises across the U.S. and Europe have grown to be valued at more than $400 billion combined, according to an internal JPMorgan memo.The new group will join JPMorgan's existing sports operations, which have advised financing for a number of stadiums across the country. JPMorgan Chase & Co. (JPM) established a new "Sports Investment Banking Coverage" group and named ...