New head of prime brokerage for J.P. Morgan 26 March 2012New York Reporter: Georgina Lavers
Image: Shutterstock
J.P. Morgan has announced Lou Lebedin as its global head of prime brokerage.
Lebedin had been acting as J.P. Morgan's interim co-head of the unit since 2008, when J.P. Morgan bought Bear Stearns. The 54-year-old previously ran Bear Stearns's prime brokerage unit, and has helped J.P. Morgan expand its prime brokerage business overseas.
Andrea Angelone, J.P. Morgan's other interim co-head, will take charge of equity treasury, with Lebedin reporting to John Horner, head of equity and fixed-income financing.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 