JPMorgan’s Search for New Technology Managing Director in Hong Kong Amidst Equities Sales Flatness

JPMorgan is currently searching for a new technology managing director in Hong Kong, despite the possibility that US banks may be cutting investment bankers in the region. Steve Brooks, who was previously the head of APAC equities technology at JPMorgan, left the bank in January to spend time with his family. The bank is looking to fill key technology roles in the region, even though equities sales and trading revenues were flat in the first quarter of 2024.

Brooks had a long career at JPMorgan, joining in London in 2002 and holding various positions until his departure. Prior to joining JPMorgan, he worked at the Bank of England and served as the bank’s EMEA head of algo trading and liquidity until 2013. Despite this setback, JPMorgan remains committed to filling key technology positions in the region.

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