Sunday, 29 November 2015
Last updated 2 days ago
Dec 5 2011 | 10:23am ET
Its full-service European prime brokerage now up and running, JPMorgan Chase is expanding the unit.
The firm has begun offering clients in Europe prime custody services. JPMorgan hopes the new platform will help boost its market share and standing in Europe, where it is the sixth-largest prime broker by assets, Financial News reports.
To head the growing business, the bank has sent Teresa Heitsenrether to London. The new head of prime brokerage for Europe, the Middle East and Africa told FN, "our strategy is to establish and grow our relationships with hedge funds in Europe and also to tap more deeply into the international activity of the clients currently on our U.S. platform."
JPMorgan launch its European prime brokerage in June.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…