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Euromoney Sibos Insider: JPMorgan focuses on emerging market clearing

20 September 2011

JP Morgan reveals its expansion in Direct Custody and Clearing in Brazil and Russia is part of its plan to tap more into the emerging markets. Lianna Brinded reports.

JP Morgan is to expand in Brazil and Russia across Direct Custody and Clearing (DCC), in a bid to increase its footprint in the emerging markets. In tandem, it has also hired Katerina Sizova as head of the business in Russia. Sizova will be responsible for building product capabilities. In an exclusive interview with Euromoney | Sibos Insider, Nick Rudenstine, global head of JP Morgan’s custody and clearing business, unveiled the group’s long...