J.P. Morgan sets up equity financing in South Africa
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J.P. Morgan sets up equity financing in South Africa 31 July 2015Johannesburg Reporter: Mark Dugdale
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J.P. Morgan has hired Lebo Moropa, giving the bank its first dedicated prime brokerage and equity finance presence in South Africa.
Former HSBC trader Moropa has joined J.P. Morgan in Johannesburg and will focus on synthetic and cash prime brokerage and securities lending, including delta one.
The new vice president for equity finance will report to Paul Farrell in London.
Moropa was a delta one trader at HSBC, and he has previously worked at J.P. Morgan in various capacities.
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