MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, April 18, 2005 JPMorgan Consolidates Trust Group JPMorgan is uniting its custody and investor services as well as its securities clearance and trust services under one roof. The new unit, called JPMorgan Worldwide Securities Services, will consist of the former JPMorgan Investor Services and Institutional Trust Services units, and will custody $9.1 trillion in assets. The new group will operate along four units: Securities, including global custody, fund services and outsourcing, headed by Neil Henderson. Clearance, including American Depository Receipts (ADRs), clearance & collateral management (CCM), securities collateral management (SCM), government and equity services, headed by Liz Nolan. Securities Lending and Market Products, headed by Avi Stein Trust, including global debt and asset servicing, headed by Diane Eshleman Worldwide Securities Services is headed by Michael Clark. Printed from: MFWire.com/story.asp?s=9507 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |