JP Morgan has spent the last year implementing a new look to its global agency securities lending team.
Tag: agency lending
Greater acceptance of ETFs as collateral is one way of fully unlocking ETF inventory for market participants.
The Los Angeles County Employees Retirement Association has used State Street and Goldman Sachs as its two securities lending partners.
The securities finance division was one of the worst performing business units for State Street in 2018.
The hire will help fill a gap left by its long-time global head of securities finance equity trading, who left the bank in the summer.
JP Morgan welcomes multiple new additions to its agency securities financing team to lead the business globally.