{
  "id": 516644,
  "title": "JPMorgan to keep Asia hiring pace after corporate bank growth tops 20%",
  "url": "https://urgent.news/2026/08/11/jpmorgan-to-keep-asia-hiring-pace-after-corporate-bank-growth-tops-20",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T00:24:32.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/jpmorgan-to-keep-asia-hiring-pace-after-corporate-bank-growth-tops-20-4850663"
  },
  "original_language": "en",
  "account": "JPMorgan Chase will continue hiring in Asia Pacific at a similar pace in 2027, following a revenue growth of well above 20% in the corporate bank of the region this year, regional heads told Reuters. The U.S. bank is nearly complete with a 15% increase in staff for Asia Pacific corporate banking this year, up from a 20% expansion in 2025, according to Oliver Brinkmann and Kerwin Clayton in an interview at JPMorgan’s Singapore office.\n\nThe hiring will include teams serving mid-sized and large companies, the innovation economy, financial institutions, and non-bank financial institutions, the executives said. They intend to maintain a similar hiring pace in 2027, covering all areas of business, though the pace may vary across regions. JPMorgan's corporate banking business in Asia Pacific has grown significantly year-to-date, driven by Asian companies expanding abroad and rising investments in AI, data centers, and supply chains, with growth even stronger this year, Brinkmann noted.\n\nMarkets such as Taiwan, South Korea, China, and Australia have outpaced these growth rates, the executives added. Southeast Asia is also experiencing a growth rate exceeding 20%, with Malaysia benefiting from foreign investment in AI and data centers, while Singapore serves as a regional connector and hub, Brinkmann explained. The market is highly active, particularly for data center or GPU financing, as GPUs are widely used to run AI systems.\n\nJPMorgan is also increasing capital for trade finance and working capital finance, which aids companies in financing goods moving across borders, as trade within Asia increases and the bank expands its trade finance business.",
  "summary": null,
  "key_points": [
    "JPMorgan to continue Asia hiring pace in 2027",
    "Corporate bank growth in Asia Pacific exceeds 20%",
    "Focus on mid-sized, large companies and innovation sectors"
  ],
  "editors_take": "JPMorgan's plan to sustain its Asia hiring pace indicates the bank is betting on continued growth in the region's corporate banking sector, driven by Asian companies' global expansion and tech investments.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "JPMorgan to maintain Asia hiring pace as corporate banking revenue tops 20% - report",
        "url": "https://urgent.news/2026/08/11/jpmorgan-to-maintain-asia-hiring-pace-as-corporate-banking-revenue",
        "published": "2026-08-11T07:32:37.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}