In the ultra-competitive world of investment banking, relationships matter. And it’s hard to replace face-to-face meetings as a way to build trust. So when...
Andy Rabin grew up in Dallas before leaving to attend college and take on high-level banking positions at Goldman Sachs and JPMorgan. Rabin is now head of Southwest and West investment banking for JPMorgan Chase, working out of Chase Tower in downtown Dallas.In the ultra-competitive world of investment banking, relationships matter. And it’s hard to replace face-to-face meetings as a way to build trust.
Andy Rabin, JPMorgan’s Dallas-based investment banking head for its Southwest and West regions, got busy. An appropriate prize awaited the victors — dinner in New York with two of the financial behemoth’s highest-ranking investment bankers. Investment banking teams at JPMorgan and Goldman Sachs slugged it out last year to claim the top spot in dealmaking. In, JPMorgan came out on top, advising on 295 deals worth $585.9 billion. In Factset’s ranking, Goldman Sachs claimed the title with $1.2 trillion in deals to JPMorgan’s $934 billion.
“Coming back to Dallas has been a great move personally for all the reasons people like the city and also professionally because it’s been a great place to do business the entire period I’ve been here,” he said. “The dips we’ve seen over the past two decades in the U.S. haven’t been as significant in Dallas as in other parts of the country because of its business-friendly environment.
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