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JPMorgan Singapore hiring to boost cybersecurity

US bank plans to lift headcount by 700 to 3,500; sees the Republic as a global support centre

Singapore

JPMorgan Singapore has been boosting its staff count in the area of cybersecurity and investment banking technology, and will hire more as it ramps up efforts in this area, said country head Edmund Lee.

The US bank plans to hire 700 people for its operations based in Changi over the next few years, which would take its staff count at its centre of excellence to 3,500.

The focus is on tackling issues such as compliance and data security - key concerns for banks as they work through the labyrinth...

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