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People moves news

New head of prime brokerage for J.P. Morgan


26 March 2012 New York
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
J.P. Morgan has announced Lou Lebedin as its global head of prime brokerage.

Lebedin had been acting as J.P. Morgan's interim co-head of the unit since 2008, when J.P. Morgan bought Bear Stearns. The 54-year-old previously ran Bear Stearns's prime brokerage unit, and has helped J.P. Morgan expand its prime brokerage business overseas.

Andrea Angelone, J.P. Morgan's other interim co-head, will take charge of equity treasury, with Lebedin reporting to John Horner, head of equity and fixed-income financing.
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