New Leader Steps Up for JPMorgan’s Big‑Deal Financing

JPMorgan has chosen Catherine O'Donnell to head its North America Leveraged Finance unit. She will move to New York and bring more than two decades of experience in complex debt deals. The bank says O'Donnell will run the team that finances large transactions across the continent. Her new role means she will shape strategy and oversee major lending programs for corporations seeking growth capital. Stathis Karanikolaidis will serve as deputy head, reporting directly to O'Donnell. He will collaborate closely with her on day‑to‑day operations and help steer the business toward new opportunities.Karanikolaidis will keep his current responsibilities as head of the North America Diversified Industries and Natural Resources Leveraged Finance group. This dual role allows him to leverage his expertise in both sectors while supporting the larger team. JPMorgan’s announcement reflects a broader push to strengthen its financing capabilities in North America. By pairing O'Donnell’s leadership with Karanikolaidis’ sector knowledge, the bank aims to capture more high‑profile deals and deliver value to clients. The move signals confidence in the firm’s ability to navigate a competitive market for leveraged loans, especially as businesses seek flexible funding options amid economic uncertainty.