On Wednesday, JP Morgan Asset Management announced that Carissa Biggie had been hired as Managing Director and Global Head of Broker Relationship Management. According to the press release, she will report to Kristian West, the Head of the company’s Investment Platform team.
In the new role, Biggie will strengthen and optimize relationships and partnerships with external counterparties and leverage its strengths across its various asset classes, including equity, fixed income, liquidity, alternatives and solutions, taking a holistic view of the broker relationships.
Previously, Biggie worked at Prudential Financial, covering top global financial institutions for the Enterprise Strategic Relationship Management team. Formerly, she spent 16 years at Goldman Sachs Asset Management in a variety of roles, including as an executive in trading, finance and prime brokerage, as well as Chief Operating Officer of Global Risk Management and Central Trading. Prior to that, she worked for JP Morgan Asset Management’s Alternatives division as a project manager.
“Carissa’s deep experience in this field means that she brings an expert eye for managing the complexities and synergies that are involved with broker relationships. Optimizing these relationships delivers benefits for the firm as well as our clients, and we look forward to the value Carissa will add to our management team,” Kristian West, the Head of Investment Platform for JP Morgan Asset Management, commented.
Institutional investors, retail investors, and high net worth individuals are among JP Morgan Asset Management’s clients in every major market. JPMorgan Asset Management manages global investments in equities, fixed income, real estate, hedge funds, private equity and liquidity.
Banking Services to Crypto Exchanges
JP Morgan Chase started offering banking services to several cryptocurrency exchanges recently. As its first clients, the bank has already processed transactions for Coinbase and Gemini, whose accounts were approved last month.
Furthermore, JP Morgan primarily provides cash management services to the two crypto exchanges, handling US dollar-based transactions for their US-based customers.
