JPMorgan Chase has hired Anoop Singh, the former director of the International Monetary Fund’s Asia-Pacific department, to be head of regulatory strategy in that region.
The newly created position, which will be announced today, comes amid a probe into JPMorgan’s hiring practices in China and a global investigation into the manipulation of foreign exchange trading that has ensnared other banks.
The bank has also recently settled a series of high-stakes probes in the US and elsewhere over mortgage practices during the financial crisis, its energy trading operations and its $6.2bn derivatives trading loss suffered in 2012 in a scandal dubbed the London Whale.
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