Andrea Angelone no longer at J.P. Morgan 08 May 2013London Reporter: Georgina Lavers
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Andrea Angelone, a former global co-head of prime broking at J.P. Morgan, is set to leave the bank this month.
Based in London, Angelone was most recently global head of equity financing and equity treasury within J.P. Morgan’s investment bank.
He is currently listed as inactive on the UK's Financial Services register, with his last activity being shown as a non-executive director at Equilend in Europe. All activities at J.P. Morgan are shown to have ended on 14 April.
J.P. Morgan restructured in December last year, integrating its equity financing and Delta One businesses.
In March 2012, it 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.
It was announced that Angelone, who was J.P. Morgan's other interim co-head at the time, would take charge of equity treasury, with Lebedin reporting to John Horner, head of equity and fixed-income financing.
Two months after the reshuffle, the bank replaced Lebedin with Teresa Heitsenrether, who had been co-head of fixed-income prime brokerage for the last four years.
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