The move comes as the bank eyes a larger share of Chinese technology-related deals, which are rapidly growing in the country.
In a statement to Reuters, JPMorgan said the new additions would also represent part of its plan to establish an onshore securities joint venture in China. That plan is subject to regulatory approval in China.
JPMorgan is looking to hone in on investment banking coverage for technology companies, such as digital healthcare companies, ride-hailing services or mobile banking firms, according to the report.
More articles on business:
Amazon adds 5 cities to Whole Foods delivery service, offers discount to Prime members
London grants Uber 15-month probationary period
AT&T acquiring ad company AppNexus for $1.6B
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
