The corporate banking business of J.P. Morgan is reportedly set to see an increase in its Asia headcount in 2025.

J.P. Morgan will increase the headcount of its corporate banking team across Asia by 10 percent next year, according to an «SCMP» report citing Oliver Brinkmann, Asia Pacific co-head of global corporate banking.

The expanded headcount will be divided between large-cap, mid-cap, innovation economy and subsidiary banking. Fresh talent will mainly be added for Southeast Asia and India in subsidiary banking and for North Asia, Greater China, Japan, India and Australia in local corporate banking.

«The velocity of investments has changed. There's also much more focus on building out a home-based, Asian business for many of the Asian corporates,» said Singapore-based Brinkmann who heads the regional corporate banking unit alongside Hong Kong-based Kerwin Clayton.