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JPMorgan rolls out AI tools in investment banking globally, senior banker says
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JPMorgan rolls out AI tools in investment banking globally, senior banker says
May 22, 2026 1:45 AM

SHANGHAI/HONG KONG, May 21 (Reuters) - JPMorgan ( JPM )

is implementing AI tools across its investment banking business

globally, its Asia investment banking head said on Thursday,

among the first in the sector moving to adopt the technology

widely.

Global banks are increasing investment in AI, reshaping

their workforce and leading to changes in job roles.

Earlier in the day, JPMorgan ( JPM ) CEO Jamie Dimon told Bloomberg

News that the bank would hire more AI specialists and fewer

traditional bankers, following rival Standard Chartered's move

to cut nearly 8,000 staff by 2030 as it boosts the use of AI.

"We are in the early phase adopting AI tools throughout our

investment banking business globally but are excited by the

developments," Paul Uren, JPMorgan's ( JPM ) Asia Pacific head of

investment banking, told Reuters.

The Wall Street bank is among select organizations permitted

by startup Anthropic to use its powerful Mythos cybersecurity

model under its controlled "Project Glasswing" initiative.

Mythos, according to Anthropic, is capable of detecting

decades-old vulnerabilities in web browsers, infrastructure and

software. That sparked fears among cybersecurity experts that it

could supercharge more sophisticated cyberattacks, posing a risk

to the banking industry reliant on legacy technology.

"Our AI tools enable us to access more information and

quickly synthesize it with our internal systems," Uren said,

without specifying which AI tools bankers were using.

"We're finding that AI streamlines the preparation of

content and materials, as well as helping bankers engage with

more clients more efficiently."

Apart from JPMorgan ( JPM ), Goldman Sachs ( GS ), Citigroup ( C ),

Bank of America ( BAC ) and Morgan Stanley ( MS ) have access

to, or are testing, ​Mythos, Reuters reported, citing sources

and company executives.

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