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Report: JPM Doubles Private Bankers in Singapore
2026-06-11 14:50:29 JP Morgan Chase & Co. (JPM.US) doubled the number of bankers serving wealthy clients in Singapore to more than 50, Bloomberg reported, citing people with the knowledge of the matter. Most of the newly hired bankers focus on the Indonesian market, with headcount increasing from fewer than 10 last year to around 20. Indonesia, as the largest economy in Southeast Asia, is a key market for private banks in Singapore, as local billionaires typically place their offshore accounts in Singapore, report told. Paul Thompson, Head of Singapore and Southeast Asia for JP Morgan Private Bank, said the bank will continue investing in talent to maintain its growth momentum. ~ AASTOCKS Financial News Website: www.aastocks.com | |