Lloyds' CVA head exits for JP Morgan

Julian Keenan leads Asia credit portfolio trading at the US bank

Julian Keenan

Julian Keenan has joined JP Morgan as head of its Asia credit portfolio trading team in Singapore.

Keenan joined the US bank from Lloyds Banking Group this month, where he had been head of credit valuation adjustment (CVA)/funding valuation adjustment (FVA) management for four years. The move comes weeks after Lloyds' head of CVA/FVA quantitative research, Andrew Green, left to join Scotiabank.

At JP Morgan, Keenan will be responsible for managing valuation adjustments (XVAs) and retained credit