Tag: JP Morgan

Incoming president has spent the last 27 years of his career at JP Morgan, most recently as global head of linear rates and co-head of North America rates trading.

Initiatives focused on securities settlements between the two dealers, with specific emphasis on European markets as a prelude to the recently implemented CSDR regulation.

The move is in response to new guidance from the US Treasury prohibiting the purchase of new and existing debt and equity securities issued by a Russian Federation entity.

Venue will launch for loans first, with a collateralised loan obligations (CLO) trading venue to follow and with plans to expand to other products in the credit market later.

The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network. 

Revenues at Goldman Sachs, Morgan Stanley, and Citi soared on the back of gains made in trading, lending and ongoing market volatility.

Incoming deputy CEO brings a wealth of experience to XTX Markets, having served at JP Morgan and Deutsche Bank over the last two decades.

As part of the launch, BNP Paribas and JP Morgan become the first banks to provide client clearing of credit index options through CDSClear.

Players including Goldman Sachs, JP Morgan, Citi and BlackRock have reportedly lost billions in exposure as the Russian market continues to slide.

Incoming head brings over 30 years’ experience in investment banking to AccessFintech, having spent almost two decades at JP Morgan.