J.P. Morgan celebrates 35 year anniversary 08 April 2014 New York Reporter: Georgina Lavers
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J.P. Morgan is celebrating 35 years in the securities lending industry, from an initial trade that was executed in 1979, through to the first trade executed in the Russian market this year.
“From the, we have consistently led developments in securities lending,” said a release, adding that the bank currently manages over 260 relationships, with a lendable asset base of $2.4 trillion.
The bank has structured its business by having securities lending trading desks located in several key global financial centres—namely Sydney, Hong Kong, New York and London, from which it lends all asset classes across 37 markets.
“Throughout the years, we have been helping institutional investors achieve attractive returns by providing customised securities lending solutions. Our greatest asset is our clients, who rank amongst the largest and most sophisticated in the world.”
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