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People moves news

J.P. Morgan makes EMEA prime brokerage appointment


05 November 2012 London
Reporter: Mark Dugdale

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Image: Shutterstock
J.P. Morgan has recruited David Clarkson to lead its prime brokerage operation in Europe, the Middle East and Africa (EMEA).

He joins the firm from Credit Suisse where he was most recently chief of staff in prime services. He will report to Teresa Heitsenrether, global head of prime brokerage, and will be based in London.

Clarkson helped to build Credit Suisse’s prime services operation. He led its acquisition of Prime Fund Services from ABN Amro and held positions such as global head of prime security services and head of European and Asian prime services. He previously worked at Deutsche Bank as European head of equity swaps.

Heitsenrether said: “Since we launched our European prime brokerage offering last year, the amount of clients that we have welcomed onto the platform has outperformed even our own expectations. Clarkson’s twenty years of experience and invaluable market knowledge will ensure that we continue to deliver on our promise, and stay closely aligned with our clients through product innovation and by drawing on the strength and breadth of our global offering.”
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