Any doubts that the hedge fund bubble has now inflated to bursting point are dispelled by a report in “Derivatives Week” that JP Morgan is about to make its long-anticipated entry into the prime brokerage business, with operations in New York and London focusing initially on marrying up the derivatives capabilities of JP Morgan with the custody and clearing capabilities of Chase. he report says the London operation will be headed by Jeremy Rose, former head of U.K. prime brokerage at Nomura International, and most recently head of treasury and stock lending at Jiway.
JP Morgan to Enter Prime Brokerage Business
Any doubts that the hedge fund bubble has now inflated to bursting point are dispelled by a report in "Derivatives Week" that JP Morgan is about to make its long anticipated entry into the prime brokerage business, with operations in