Global Banks Expand Hiring in Hong Kong as IPO Market Surges

Hong Kong global banks hiring is accelerating as the city’s stock market rebounds and IPO fundraising regains its position as the world’s largest, the Financial Times reported. Deutsche Bank, JPMorgan Chase, Standard Chartered, Citigroup, and DBS are expanding their presence, with recruiter Links International citing a 30–40% rise in mandates to fill roles linked to IPO and M&A activity. Deutsche Bank has moved 50 staff to Hong Kong over two years, JPMorgan added 16 managing directors in 2025, Standard Chartered hired 10 senior executives and a global head, while Citi and DBS are enlarging wealth management teams across Hong Kong and Singapore. Analysts warn Singapore could lose talent and listings as competitiveness concerns rise.