Deutsche Postbank awards JP Morgan €18bn clearing contract

JPMorgan has been appointed exclusive securities clearing provider by Deutsche Postbank for its international fixed income securities portfolio valued at more than €18bn ($21.20bn).

The argeement represents the largest German combined international securities, clearing and custody contract so far this year.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink