Trading places, June 11, 2012
LCH.Clearnet appoints US collateral head
LCH.Clearnet has appointed Stephen Patriarco as global head of collateral services and US head of collateral and liquidity management (Calm). Based in New York, Patriarco will report to Andrew Howat, group head of Calm, and will be tasked with expanding the company's collateral management capabilities globally as well as helping support collateral and liquidity management to US clients. Patriarco joins from SJP Financial Services, a company he founded to
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