JPMorgan Hires Goldman Banker for Prepay Energy Bond Deals
JPMorgan Chase & Co.’s public finance department hired a Goldman Sachs Group Inc. banker to specialize in prepay energy deals, marking a major hire for the team as the firm ramps up its work in the sector.
May Xing joined as an executive director in the public finance infrastructure group, according to a spokesperson for JPMorgan. She will focus on continued expansion of JPMorgan’s prepay business as well as other structured transactions, the spokesperson said.
“We are excited to have May join our team as she brings a wealth of experience and deep issuer, attorney and financial advisor relationships, particularly in the energy prepay space,” Mike Carlson, head of the public finance infrastructure group at JPMorgan, said in an emailed statement.
Goldman is the biggest manager of prepaid energy deals in the muni market, according to data compiled by Bloomberg. A spokesperson for the bank declined to comment.
JPMorgan is the third-biggest manager of such deals so far in 2026, the data show.
Before joining Goldman, Xing worked at Barclays, according to Finra records.
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