J. P. Morgan To Boost DCC Services

J.P. Morgan’sWorldwide Securities Services is looking to boost its direct custody and clearing (DCC) business in Brazil and Russia. The firm has appointedKaterina Sizovaas head of the business in Russia. She will be in charge of building product capabilities and executing the firm’s growth strategy.

Before this, Sizova was global head of operations atRenaissance Group, where she worked for 13 years. As part of the expansion, J. P. Morgan has in-sourced its global custody business in Brazil.

Click here for the release fromBusiness Wire.