DZ Bank taps JP Morgan for fixed income sales role
Individual has also previously worked at Lloyds and BNP Paribas.
Individual has also previously worked at Lloyds and BNP Paribas.
Individual joins the firm following his departure from Clear Street in July 2025, after the broker announced several cuts to its UK team months after appointments.
Individual has also previously worked across securities finance trading and automation at firms including State Street, EquiLend, Merrill Lynch and Goldman Sachs.
Prime brokers streamline post-trade processes ahead of Europe’s T+1 settlement transition in 2027.
Eight financial institutions have already joined the model, including Goldman Sachs, JP Morgan, Jane Street and Morgan Stanley.
Appointment follows other recent Citi hires from JP Morgan in recent months.
The past week has seen moves and promotions across sales trading, rates, emerging markets and more…
Individual joins following a 24-year tenure at JP Morgan, after leaving the firm in January to “pursue other opportunities”.
The team consists of multiple senior staff who have taken on new or extended roles across asset classes or cross-asset areas to contribute to the firm’s new offering.
The transaction mobilised collateral for Dutch pension fund PGGM using distributed ledger technology provided by HQLAx and Clearstream, marking a first for a central counterparty globally.