JPMorgan expands Asia Pacific corporate banking

JPMorgan Chase announced plans to continue hiring in Asia Pacific at a similar pace in 2027, following strong growth in its corporate banking business. Revenue in the region grew by well above 20% year-to-date, driven by Asian companies expanding abroad and rising investment in artificial intelligence, data centres and supply chains. The bank is close to completing a roughly 15% increase in Asia Pacific corporate banking staff this year, after expanding the team by 20% in 2025. Regional executives Oliver Brinkmann and Kerwin Clayton stated that hiring will cover teams serving mid-sized and large companies, the innovation economy, financial institutions and non-bank financial institutions. Markets including Taiwan, South Korea, China and Australia have exceeded the regional growth rate, while Southeast Asia is growing by more than 20%, with Malaysia benefiting from foreign investment linked to AI and data centres and Singapore acting as a regional connector and hub. JPMorgan is also increasing capital in trade finance and working capital finance as intra-Asian trade expands.