Patriarco is LCH.Clearnet’s new head of collateral services
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Patriarco is LCH.Clearnet’s new head of collateral services 08 June 2012US Reporter: Georgina Lavers
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LCH.Clearnet will see Stephen Patriarco as global head of collateral services and US head of collateral and liquidity management (CaLM), as the company attempts to underscore the importance of the American market.
Patriarco previously had his own consulting firm, SJP Financial Consulting Services. Prior to this, he spent 15 years at various major investment banks including Lehman Brothers, Credit Suisse and Merrill Lynch.
Andrew Howat, group head of CaLM said: "This appointment reflects CaLM's strategy to continually evolve collateral management solutions, and further reinforces our commitment to the US market."
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