Trading places, March 4, 2013

People moving

LCH.Clearnet hires US chief executive
LCH.Clearnet has appointed David Weisbrod chief executive of its US subsidiary as it seeks to expand its multinational central clearing business. Weisbrod joins after 40 years at JP Morgan in New York, where he was most recently vice-chairman, risk management. He also sat on the bank's corporate risk policy group and chaired its exchange and clearing house steering committee. In his new role, Weisbrod will work with group chief executive Ian Axe and the board

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