ICBCFS Launches Equity Clearing Business

ICBCFS Launches Equity Clearing Business

On December 1, 2012, ICBCFS Chief Operating Officer, Kevin McKeown announced the strategic hire of a senior equity team, led by Vincent Lupo, to focus specifically on the Institutional Clearing, Custody and Prime Brokerage space.  The team, led by Vincent Lupo, includes industry veterans Brandon Angus and Thomas Tanacredi, all of whom have significant experience in building and managing institutional clearing and prime brokerage business’.  Citing the lack of “high-touch” clearing alternatives for clients, McKeown stated that ICBCFS will fill a critical need in a consolidating industry.