Saturday, 28 March 2015
Last updated 1 day 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…