JP Morgan's investment bank chief hopes to work with more of its asset manager clients to modernise its infrastructure.
Tag: JP Morgan
Dave Olsen, global head of futures, options and OTC clearing for the bank will also leave the team, according to an internal memo.
Emily Portney left the bank on Monday to “pursue a new opportunity”, according to an internal memo.
The transfer of the portfolio is the latest move from Barclays as it looks to reduce its capital requirements.
The bank is eyeing an aggressive growth strategy in the prime brokerage market.
Pan-European exchange operator Euronext could venture into the M&A space following the removal of capital requirements by the Dutch government, according to research from JP Morgan.
Reduction in fixed income revenue comes despite "another record year" for the bank.
Ex-JP Morgan director to head equities and cash markets development for LCH.Clearnet.