Banking business is growing strongly, and J.P. Morgan's GCB Asia Pacific team is expected to continue expanding next year

The Zhitong Finance App learned that according to media sources, Oliver Brinkmann and Kerwin Clayton, Asia Pacific co-heads of J.P. Morgan Global Corporate Bank (GCB), said in an interview at J.P. Morgan Chase's Singapore office that after Asia Pacific corporate banking revenue increased by far more than 20% this year, the company plans to maintain a similar recruitment pace in 2027.

J.P. Morgan's Asia Pacific Corporate Banking team size is expected to grow by about 15% this year, after having expanded 20% in 2025. According to two executives, this recruitment will cover teams serving medium and large enterprises, innovative economies, financial institutions, and non-bank financial institutions.

“We intend to maintain a similar pace of recruitment in 2027,” Clayton said. “It involves all of our lines of business. The situation is different in each country in the region, but many countries will be hiring.”

Thanks to Asian companies' accelerated overseas expansion and increased investment in artificial intelligence, data centers and supply chains, J.P. Morgan's Asia Pacific corporate banking business has grown by far more than 20% this year.

“The growth momentum is stronger this year,” Brinkman said. “Across the Asia Pacific region, all industries grew by far more than 20%.” Two executives said that the growth rate of markets such as China, South Korea, and Australia has exceeded this level.

“The Southeast Asia region grew by more than 20%, with Malaysia benefiting from foreign investment related to artificial intelligence and data centers, while Singapore is acting as a regional connectivity hub,” Brinkmann said. “We have received numerous inquiries about data center or GPU financing,” he said. The market is very active.” GPUs (graphics processors) are chips that are widely used to run artificial intelligence systems.

With the growth of intraregional trade in Asia and the expansion of J.P. Morgan's trade finance business, J.P. Morgan is also increasing investment in trade finance and working capital financing to help companies pay for cross-border goods.