JP Morgan Chase rearranges its senior equities staff

According to the Wall Street Journal report, JP Morgan Chase & Co renovated some of its senior equities staff targeting to leverage the bank for more impact into prime brokerage.

So, Richard Berliand, formerly the global head of cash equities and prime services, will now focus on the bank's prime business. 

From now, David Long, headed equity derivatives for the Americas, is to become global co-head of cash equities, together with former head of cash equities for the Americas Jim Brett.

Wall Street Journal also stated the quit of Lee Cook, used to be the head of equities for Europe, Middle East and Africa.