JP Morgan Expanding Credit Tech Team
The bank is aiming to diversify and grow its credit trading technology team by 15 percent.

JP Morgan has initiated a global recruitment drive to bolster the development and delivery of technologies for its credit-trading business.
Despite citing weaknesses in its credit trading performance due to margin compression and tighter financing spreads in its Q3 earnings report, the bank looks to build out its credit-trading technology teams in multiple locations such as London, New York, Hong Kong, Mumbai, Bangalore, Delaware, Buenos Aires, Chicago, and Herzliya in Israel. With over 300
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