Clear Street welcomes Kevin McCarthy
21 June 2023 US
Image: Clear Street
Independent prime broker Clear Street has appointed Kevin McCarthy as its first chief administrative officer and head of clearing.
Based in New York, McCarthy will report to Clear Street co-founder and CEO Chris Pento.
He will oversee the firm's clearing services and will support Clear Street’s expansion as the firm moves into new markets and asset classes.
Prior to joining Clear Street, McCarthy spent more than 30 years at Bank of America Merill Lynch where he was responsible for launching and managing professional clearing services as well as prime brokerage financing services.
Commenting on McCarthy’s appointment, Pento says: “Kevin brings credibility and knowledge to our already robust leadership bench.
“We’re eager to expand our services for market makers, which we see as a major development area for Clear Street. I’m confident that Kevin will accelerate our next stage of growth."
Based in New York, McCarthy will report to Clear Street co-founder and CEO Chris Pento.
He will oversee the firm's clearing services and will support Clear Street’s expansion as the firm moves into new markets and asset classes.
Prior to joining Clear Street, McCarthy spent more than 30 years at Bank of America Merill Lynch where he was responsible for launching and managing professional clearing services as well as prime brokerage financing services.
Commenting on McCarthy’s appointment, Pento says: “Kevin brings credibility and knowledge to our already robust leadership bench.
“We’re eager to expand our services for market makers, which we see as a major development area for Clear Street. I’m confident that Kevin will accelerate our next stage of growth."
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