JPMorgan to expand Asia-Pacific team 10% this year, undeterred by Middle East conflict

JPMorgan Chase plans to expand its corporate banking team by about 10 per cent across Asia-Pacific this year, as its plans in the region will not be slowed down by uncertainties arising from the US-Israel war on Iran, according to a senior executive. The hiring campaign was part of the lender’s longer-term plan, which aimed to increase its headcount in the region by 40 per cent between 2023 and 2026, said James Roddy, head of global corporate banking. The corporate banking business in...

By Enoch Yiu