JPMorgan Chase

JPMorgan doubles private bankers in Singapore team to top 50

The US bank also offers private banking services in Hong Kong and Australia in Asia

Recently, Morgan Stanley hosted an event for its wealth management clients to hear from the SpaceX management team.

How banks are using SpaceX to woo the super rich

The IPO lets lenders nurture ties with wealthy clients and find new ones – which may matter even more

Unlike some of his banking peers, Jamie Dimon struck a measured tone, arguing that the AI-driven transition can largely be managed through natural turnover.

JPMorgan will hire more for AI, fewer bankers, CEO Dimon says

The comments highlight a broader industry pivot to automation reshaping the global financial workforce

The bank’s clients are generally bullish and have unwound some hedges they put on in the early weeks of the Iran war as they shift their focus to US corporate earnings.

JPMorgan’s markets business booming after record quarter

Clients are looking to seize on volatility in recent weeks

In Los Angeles, JPMorgan has five million consumer banking clients, 589,000 small business clients and 6,000 employees.

JPMorgan to become global partner of 2028 Olympics, 2030 Winter Games

The company will offer financial health workshops for athletes through an IOC platform

Their weights will be introduced gradually, with Saudi Arabia expected to reach 2.52% and the Philippines 1.78% once fully phased in.

Saudi Arabia, Philippines to join JPMorgan emerging market bond index in 2027

The inclusion will cover Saudi riyal-denominated sovereign sukuk and Philippine peso-denominated government bonds

Wells Fargo reduced its headcount by 4,199 jobs in the first three months of the year.

Wall Street banks cut more than 5,000 jobs even as they notch record profits

The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with less

JPMorgan expects to spend about US$105 billion this year, excluding legal expense.

JPMorgan traders blow past expectations with biggest-ever haul

The biggest US bank has pulled in US$11.6 billion in trading revenue in the first quarter

Heitsenrether, on how AI will impact the world, says: “The ability to connect with people (will not) go away with technology, especially in our business. It’s a business that’s about trust and relationships."
THE LEADERSHIP PLAYBOOK

From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’

There are plans to more than double the company’s data and AI talent in the Asia-Pacific region, with ‘meaningful addition’ in Singapore