JPMorgan Adds SVB Veteran John China in Startup, VC Growth Quest

JPMorgan Chase & Co. hired Silicon Valley Bank veteran John China to co-lead the business of banking venture capitalists and startups, part of the firm’s growth strategy for the sector.

China, who will be based in San Francisco, spent almost three decades at Silicon Valley Bank, most recently as president of SVB Capital, according to a statement Tuesday. He will oversee the commercial bank’s innovation-economy team alongside Melissa Smith, who is also head of specialized industries.

The hire underscores the biggest US bank’s efforts to fill the void created by Silicon Valley Bank’s failure in March. That firm ...