Consumer complaint received 2018-06-25
Company: JPMORGAN CHASE & CO.
Product: Checking or savings account
Sub-product: Other banking product or service
Issue: Managing an account
Sub-issue: Deposits and withdrawals

Complaint:
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URGENT FROM : XXXX. XXXX XXXX XXXX, XXXX XXXX, President Commissaries XXXX ; and XXXX XXXX, Majority Owner, 100 % Proxy Holder and CIO ATT : 1.XXXX XXXX XXXX and XXXX XXXX XXXX XXXX XXXX - XXXX XXXX Head of Americas Email : XXXX Phone : XXXX XXXX XXXX XXXX XXXX XXXX XXXX / XXXX ; XXXXXXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX and XXXX ; 2.XXXX XXXX XXXX - VIA Email : XXXX ; XXXX Office Mail Code XXXX XXXX XXXX  XXXX XXXX, XXXX  XXXX CC : I. Federal Deposit Insurance Corporation, Division of Depositor and Consumer Protection XXXX / XXXX XXXX XXXX XXXX, XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX / FDIC Reference among others : Number : XXXX VIA / E-mail : XXXX, XXXX ; II. Federal Reserve Board of Governors XXXX XXXX XXXX XXXX, XXXX  XXXX VIA / E-mail : XXXX ; Reference among others : Number XXXX XXXX. Consumer Financial Protection Bureau XXXX XXXX, Senior Vice President - Head of Customer Experience Consumer Financial Protection Bureau-XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX VIA / E-mail : XXXX ; IV. Office of the Comptroller of the Currency XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXXXXXX VIA / E-mail : XXXX ; Reference among others : Number :XXXX XXXX United States Securities and Exchange Commission ( SEC ), XXXX XXXX SEC Headquarters Office, to the hands of XXXX XXXX XXXX XXXX Special Counsel Office of Investor Education and Advocacy U.S. Securities and Exchange Commission VIA / E-mail : XXXX, XXXX, XXXX ; VI. 

FEDERAL TRADE COMMISSION Headquarters Federal Trade Commission XXXX XXXX XXXX, XXXX XXXX XXXX XXXXXXXX Telephone : ( XXXX ) XXXX VIA Email : XXXX XXXX. XXXX Direction XXXX XXXX XXXX XXXX XXXX / XXXX XXXX XXXX XXXX ; XXXX. XXXX, XXXX ; Ladies and Gentlemen from XXXX XXXX and XXXX XXXX, Ladies and Gentlemen from CHASE, We, XXXX XXXX and XXXX XXXX, refer to our previous correspondence ( See attached corespondence with XXXX XXXX XXXX, XXXX XXXX  XXXX, XXXX, XXXX XXXX XXXX, XXXX XXXX, XXXX XXXX, XXXX XXXX XXXX ). We are acting in our capacity as President Commissaries, and 100 % Proxy-Hoder and CIO ( Chief Investment Officer ) from XXXX XXXXXXXX XXXX XXXX. 

Therefore among others, it has to be noted, that CHASE and its subsidiaries in the role of remittancebank illegally did transfer from our deposit-accounts in XXXX XXXX ( XXXX ) XXXX via XXXX XXXX XXXX to XXXX XXXX XXXX   an amount of USD XXXX XXXX ( please compare again belove attached clearing document ( mr XXXX XXXX XXXX PAGE ), which was sent to CHASE by FDIC and by CFPB, but which questionnaire remained unanswered ). Disposition ( s ) about our assets took place without XXXX XXXX XXXX   INVESTASIs knowledge and consent. This money was stolen from our account in XXXX XXXX ( XXXX ) XXXX and further on was illegally used by JP Morgan XXXX  ( whereby deposits are insured with FDIC and registered with SEC US ). 

In connex with proceeds realized via stock-market by XXXX XXXX in cooperation with XXXX XXXX  XXXX ( USD XXXX XXXX-Please see attachment belove again XXXX dbag XXXX ) from traded deposits of XXXX XXXXXXXX XXXX XXXX, CHASE has received prospects and authentificated transaction by XXXX XXXX ( XXXX XXXX XXXX ) including all the details and registered with SEC US in a volume of XXXX XXXX USD. 

In XX/XX/XXXX bank -statments from XXXX XXXX ( in total were collected more then USD XXXX XXXX from assets of XXXX XXXX XXXX ) were falsified and registered under the name of XXXX XXXX who again was not informed about. 

From XXXX XXXX per XXXX to XXXX XXXX XXXX XXXX then was confirmed, that suche transfers was provided for a certain beneficiary company for TRADING ( compare : XXXX XXXX XXXX -statements and Agreements which was sent among others to the US competent authorities FDIC , SEC US , CFPB and FED US and to competent international prosecutors in XXXX XXXX XXXX and XXXX in regard with investigations and prosecutions against involved XXXX XXXX  XXXX , XXXX XXXX , XXXX XXXX XXXX in International Criminal Organized Bank Cartel and abuse the assets of our company XXXX XXXX XXXX ( Please see above attachment XXXX XXXX XXXX  XXXX XXXX XXXX )! 
As it can be seen from previous correspondence, XXXX XXXX did not want to cooperate with us. In the meantime it came up, that there are massive irregularities related to the business relationship between XXXX XXXXXXXX XXXX XXXX and XXXX XXXX XXXX, XXXX XXXX  XXXX, XXXX, XXXX, XXXX XXXX, XXXX XXXX and other international banks, this over many years. Our assets are based on the deposits held at XXXX XXXX XXXX and XXXX, XXXX and its subsidiary ( among others see attachments our mentioned assets registered with SEC US and insured with FDIC ), which were denominated in XXXX and have been used, among others, as collateral for credit lines opened at XXXX XXXX XXXX ( Please see attachment MKB 1 ( 1 ) .pdf ( 397 KB ). 

Once these credit lines have been opened, XXXX XXXX  XXXX has given various assessments to other international banks where these investments exist until today. Interest and income were also assessed on a resurgent basis. But after original investments via XXXX XXXX XXXX have come to an end, we are prevented from accessing our assets. 


We are now editing individual banks in which such investments are deposited in the name of PT. XXXX XXXX XXXX / XXXX XXXX. We provide you with appropriate information related to investments of PT. XXXX XXXX XXXX at XXXX XXXX, in which connex an essential role plays SEC, as among others - XXXX American Depositary Shares are filed with the U.S. Securities and Exchange Commission on XX/XX/XXXX ( Registration Nr. XXXX and that the role of CUSTODY has XXXX XXXX ).  Enclosed you find respective correspondences and prospectus. 


Further there are XXXX XXXX Dynamic Proportion Portfolio Notes ( date of prospectus 6. XX/XX/XXXX ). An excerpt ( pages 80 86 ) from  respective prospectus you find enclosed, where you also will find the role of XXXX. XXXX XXXX XXXX. The name XXXX applies to the abbreviation of XXXX. XXXX XXXX XXXX at XXXX XXXX XXXX, but the real investor XXXX. XXXX XXXX XXXX here apparently has been tried to disguise and it has been tried to push forward a company with virtually identical /similar name as a PXXXX XXXX  called XXXX XXXXXXXX XXXX XXXX ( XXXX ) ltd.. But such a company was never officially registered under this name (! ). Such dubious circumstances are in an urgent need of clarification. 

In our annexes you will also find part of the correspondence, prospectuses, etc. collected since XXXX. Direct corespondences with XXXX XXXX ( among others with XXXX XXXX XXXX ) remained inconclusive. In XXXX we also have contacted competent French supervisory authority XXXX among others via our legal department. First XXXX XXXX XXXX / XXXX seemed to be cooperative, but then XXXX XXXX / XXXX ( her superiors ) did not give us any valuable information and apparently had great interest in completing further contacts between XXXX. XXXX XXXX XXXX and XXXX. In the end, until now there was no result to get information from XXXX XXXX and from XXXX why we have not been able to realize even a single dollar of our XXXX XXXX assets (! ). 

PT. XXXX XXXX XXXX assets at XXXX XXXX consist of ( please see enclosed ) : a ) XXXX XXXX ADRs ; b ) XXXX XXXX Linked Dynamic Proportion Portfolio Notes ; c ) Possibly other assets, which have been concealed to us so far ; INFORMATION TABLE The provisions of this Information Table set out below ( save for Part 4 ( Fees ), Part 5 ( Performance Swap Information ) and Part 6 ( Administrative and Settlement Data ) ) will be endorsed upon, or attached to, each Global Note and Note Certificate. Part 1 Issue Amount and Redemption Date Class Initial Issue Amount Redemption Date Principal Protection Ratio Issue Date Class E-5GC Up to EUR XXXX XX/XX/XXXX 85 % XX/XX/XXXX The class of Notes specified above is a " Class '' of Notes. 1. Distribution fees and other costs of issuance in relation to each Class of Notes are met by the Swap Counterparty on behalf of the Issuer in consideration for a debit to the applicable Notional Cash Account as described in the section of this Prospectus entitled " The Performance Swaps ''. The Swap Counterparty will make payment of such distribution fees to the Sole Distributor. 


2. The Issue Date and Redemption Date may be subject to adjustment. Any such adjustment will be the subject of an announcement on the website of the XXXX Stock Exchange ( XXXX ) and on the website of the XXXX Stock Exchange ( XXXX ). 

Part 2 Coupons Notes Coupon Payment Dates Day Count Fraction Guaranteed Coupon Rate Class E-5GC Each date falling on the expiry of each six month period from the Issue Date, up to and including the Redemption Date XXXX 0.25 % Part 3 General Business Day Centres : XXXX, XXXX XXXX, XXXX   XXXX, XXXX, XXXX Issue Price : 100 per cent. Series Number : XXXX " XXXX XXXX '' ( See Page 17 ) Part 4 Fees Notes Senior Management Fee Rate Junior Management Fee Proportion Gap Risk Payment Rate Target Rate Class E-5GC 0.80 % 20 % 0.80 % 3 month EURIBOR plus 230bps Part 5 Performance Swap Information Notes Currency Limit Liquidity Event Threshold Class E-5GC 2.00 % 2.00 % Eligible Currency : USD, EUR, GBP, JPY Part 6 Administrative and Settlement Data Notes Specified Denomination Tradeable Amount ISIN Common Code VP code Class E5GC EUR XXXX EUR XXXX and integral multiples of EUR XXXX thereafter XXXX, XXXX, XXXX See paragraph 3.1 of the section of this Prospectus headed " Summary of the Portofolio. 
It can be assumed that XXXX XXXX XXXX, which still withholds crucial information and codes, has intervened with XXXX XXXX, possibly also with XXXX, so that the business relationship between XXXX XXXX XXXX and XXXX. XXXX XXXX XXXX could not be discovered by way of XXXX XXXX. 

There is urgent suspect, that XXXX XXXX and XXXX XXXX was and is acting with an aim of misusing assets from XXXX. XXXX XXXX XXXX and improperly enriching itself and / or third parties ( clients and/or business-partners ). According to our investigations XXXX XXXX is responsible for illegal and criminal steps by falsification of prospects related to our investments. The facts of investment ( s ) of PT. XXXX XXXX XXXX in XXXX XXXX are out of question and are evident from prospectuses registered with SEC US ( see  XXXX ( 43 KB ), filed with US SEC on XXXX XXXX, Registration XXXX ). 

In both prospects from the beginning are containing general text and date of ISSUE 6. XX/XX/XXXX ( in total 117 pages ), compare prospectuses ( XXXX Prospectus.pdf ( 963 KB ) and XXXX XXXX Credit-Linked Dynamic Proportion % XXXX ( 1 ) .pdf ( 756 KB ). 

QUOTE PROSPECTUS XXXX XXXX ( the " Issuer '' ) ( incorporated in XXXX ) issue of " XXXX XXXX '' Dynamic Proportion Portfolio Notes ( the " Notes '' ) This Prospectus constitutes a prospectus for the purposes of Article 5.3 of Directive XXXX ( the " Prospectus Directive '' ) as implemented in XXXX by the Prospectus ( Directive XXXX ) Regulations XXXX and has been prepared, amongst other things, for the purpose of giving information with regard to the Issuer and the Notes. 

Application will be made to the XXXX Financial Services Regulatory Authority ( the " XXXX '' ), as competent authority under the Prospectus Directive, for this Prospectus to be approved. Such approval will relate only to Notes which are to be admitted to trading on the regulated market of the XXXX Stock Exchange or  other regulated markets for the purposes of Directive XXXX or which are to be offered to the public in any Member State of the XXXX XXXX XXXX. 

Application will be made to the XXXX Stock Exchange for Notes issued to be admitted to the Official List and trading on its regulated market. Application will additionally be made to XXXX XXXX for some or all of the Classes of Notes to be admitted to trading on its regulated market ( on the basis of the approval of the XXXX referred to above ). 

No assurances can be given that such listing and admission to trading will be approved. Any investment in Notes does not have the status of a deposit and will not have the benefit of the deposit protection scheme operated by the XXXX. The Issuer will not be regulated by the IFSRA by virtue of the issue of Notes. 

The Notes will be offered for sale to the public in XXXX, XXXX, the Kingdom of XXXX and the Kingdom of XXXX during a subscription period from ( and including ) XXXX XX/XX/XXXX to ( and including ) XXXX XX/XX/XXXX, provided that the relevant regulatory approvals have been granted. Such subscription period is subject to adjustment by or on behalf of the Issuer ( and for the avoidance of doubt, no supplement to this XXXX will be published in relation thereto ). 

The total number of Notes and the Classes of Notes to be issued will be determined based on market demand for the Notes during the subscription period together with market conditions at the end of the subscription period and will be made available on the website of the XXXX Stock Exchange ( XXXX ) on or around the last day of the subscription period ( and for the avoidance of doubt, no supplement to this Prospectus will be published in relation thereto and such information will be in the form of an announcement in accordance with Article 8 of the Prospectus Directive and the XXXX will be notified of such information and dealing in the Notes may begin before such information is made available ). 

The XXXX has been requested to provide the competent authorities in XXXX, XXXX, the Kingdom of XXXX and the Kingdom of XXXX for the purposes of the Prospectus Directive with a certificate of approval attesting that the Prospectus has been drawn up in accordance with the Prospectus Directive. Further requests may be made in the future to the competent authorities in other jurisdictions. 

THE NOTES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE SECURITIES ACT AND, MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS ( AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT ). THE ISSUER HAS NOT BEEN NOR WILL BE REGISTERED UNDER THE INVESTMENT COMPANY ACT. 

Arranger : XXXX XXXX XXXX XXXX XXXX XXXX XXXX, Sole Distributor XXXX XXXX The date of this Prospectus is XXXX XX/XX/XXXX UNQUOTE BUT : Note Difference in the text starts in prospectus A ( XXXX Prospectus.pdf ( XXXX KB ) on PAGE 1 below where are the following DATA DETAILS evident : / XXXX XXXX XXXX XXXX and further , among others on PAGES XXXX XXXX : QUOTE THE PORTFOLIO MANAGER XXXX XXXX XXXX, XXXX, a XXXX corporation ( XXXX ), is a holding company which, through its subsidiaries, is engaged in a broad range of insurance and related activities in the United States and abroad. 

XXXX  primary activities include both general and life insurance operations. Other significant activities include retirement services, financial services and asset management. XXXX XXXX XXXX ( XXXX ) comprises a group of international companies which provide investment advice and market asset management products and services to clients around the world. 

The XXXX XXXX will be XXXX XXXXXXXX XXXX XXXX ( XXXX ) XXXX XXXX the Portfolio XXXX ), a private limited company incorporated under the laws of XXXX and XXXX, and authorized and regulated by the XXXX XXXX XXXX XXXX XXXX with permission to manage investments. XXXX. XXXX XXXX XXXX, a XXXX XXXX corporation and an investment advisor registered with the United States Securities and Exchange Commission, will provide subadvisor services to the Portfolio Manager. 

Each of the Portfolio Manager and XXXX. XXXX XXXX XXXX. are wholly-owned subsidiaries of XXXX. As of XX/XX/XXXX, XXXX managed approximately U.S. dollars XXXX XXXX of assets, of which approximately XXXX dollars XXXX XXXX related to XXXX affiliated assets ( including those managed by joint ventures and certain other JSXinvestment advisor subsidiaries, but not including assets sub-advised to third party managers ) and approximately U.S. dollars XXXX XXXX related to client assets.JSX manages more than U.S. dollars XXXX XXXX in fixed income investments. JSXs managed fixed income investments include investment grade bonds, high yield bonds, private investments, leveraged loans, municipal bonds and mortgage loans. XXXX presently has more than 2,000 employees worldwide. 

Personel Information regarding the background and experience of key personnel who are expected to be involved, directly or indirectly, in the selection and management of the XXXX XXXX XXXX is set out below. Such persons may not necessarily continue to be employed by XXXX for the entire term of the Portfolio Management Agreement and/or may not perform or continue to perform services in relation to the Global Reference Portfolio or the Portfolio Management Agreement. 

XXXX XXXX, Vice President, Senior Portfolio Manager, XXXX XXXX and XXXX XXXX XXXX joined XXXX in XXXX and is a Senior Portfolio Manager responsible for managing credit derivatives, synthetic CDOs, and preferred stock portfolios. Since joining, XXXX XXXX has been involved in building XXXX 's credit derivatives portfolio. Prior to AIGGIG, XXXX XXXX worked with XXXX as a Corporate Bond Strategist. His responsibilities there included developing quantitative and relative value tools, portfolio strategy, credit derivatives, and risk management. Prior to XXXX, he was at XXXX XXXX in their XXXX XXXX XXXX XXXX. Prior to that, he worked as a XXXX XXXX XXXX at XXXX XXXX XXXX XXXX. XXXX XXXX received an XXXX in XXXX from XXXX University of XXXX XXXX and a XXXX  in XXXX from XXXX XXXX XXXX XXXX in XXXX. 

XXXX XXXX, Vice President, Senior Credit Analyst, High Grade Fixed Income XXXX XXXX joined XXXX in XXXX. He is primarily involved in high grade credit research and oversees the global consumer cyclical research team. In addition, he has regional sector responsibility for XXXX XXXX, building materials, and general industrials. Prior to this role, XXXX XXXX was a portfolio manager responsible for managing a range of XXXX and XXXX balance sheet and total return portfolios. Prior to joining XXXX, he worked as a portfolio manager in the XXXX XXXX XXXX subsidiary of XXXX XXXX XXXX XXXX. XXXX XXXX is a qualified Accountant and is an Associate Member of the XXXX XXXX XXXX XXXX XXXX ( XXXX ). He received a XXXX  ( Honours ) in XXXX XXXX XXXX from XXXX XXXX XXXX and is an Associate Member of the XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX ). 

XXXX XXXX, Senior Managing Director, Head of Global Fixed Income XXXX XXXX joined XXXX with the acquisition of XXXX XXXX XXXX XXXX ( XXXX ) in XXXX and is responsible for XXXX 's Global Fixed Income operations. As Chief Investment Officer of XXXX since XXXX, XXXX XXXX was responsible for overseeing all aspects of AGIMs business. Prior to AGIM in XXXX, XXXX XXXX served as Vice Chairman, General Counsel, and Chief Investment Officer of XXXX XXXX XXXX, a U.S. dollars XXXX XXXX annuity company, based in XXXX, XXXX. XXXX XXXX began his career at XXXX XXXX XXXX in XXXX. After two years with the firm, XXXX XXXX moved to XXXX XXXX XXXX, XXXX. where he was a partner in the corporate finance and securities section of the firm. XXXX XXXX received an XXXX ( cum laude ) in  XXXX from XXXX University and a XXXX  from XXXX University XXXX XXXX. He is also a member of XXXX XXXX XXXX. 

XXXX XXXX, Vice President & Senior Investment Manager,  Emerging Markets Fixed Income XXXX XXXX joined XXXX in XXXX as a Senior Investment Manager contributing to the Emerging Market Bond Team. He focuses on portfolio management of local currency debt as well as sovereign debt. XXXX XXXX was previously the London-based emerging market currency strategist for an affiliate, XXXX XXXX XXXX. 

XXXX XXXX began his investment career when he joined the XXXX member companies in XXXX, following roles at the XXXX for XXXX, the XXXX XXXX, and the Permanent Representation of XXXX to the XXXX XXXX. He received a degree in XXXX from the University XXXX XXXX and a XXXX in XXXX of the XXXX XXXX from the University of XXXX. 

XXXX XXXX, Managing Director, Co-Head of High Yield ( Please see public Article ... .. ) XXXX XXXX XXXX XXXX as Head of High Yield Research in 2001 with the acquisition of XXXX XXXX XXXX XXXX became a high yield Portfolio Manager for XXXX in XX/XX/XXXX and Co-Head of High Yield in XXXX. At AGIM, XXXX XXXX served as the media/communications group head. XXXX XXXX was with XXXX XXXX of California where he most recently served as Vice President covering the media and communications sectors. Prior to that, XXXX XXXX served as Vice President in the media and communications groups of XXXX XXXX and XXXX XXXX. He also worked as an associate in corporate finance at XXXX XXXX XXXX XXXX. XXXX XXXX began his career in the audit division of XXXX XXXX XXXX XXXX  He received a XXXX, summa cum laude, in XXXX from XXXX, and an XXXX from the University of XXXX, XXXX. He is a member of XXXX XXXX XXXX. 

XXXX XXXX, Managing Director, Head of High Grade Corporate Bond Trading XXXX XXXX joined XXXX in XXXX and is a Managing Director and Head of High Grade Corporate Trading, overseeing trading for both the XXXX XXXX and XXXX trading desks. XXXX XXXX also is responsible for trading U.S. corporate bond and credit derivative markets for the airlines, autos, energy, and REITs sectors. Since joining XXXX, XXXX XXXX has been involved in integrating trading teams from both XXXX and XXXX XXXX, as well as the high grade team in XXXX. Prior to joining XXXX, XXXX XXXX was a Fixed Income Trader and Portfolio Manager for XXXX XXXX and a Management Associate with XXXX XXXX XXXX. XXXX XXXX received a XXXX in XXXX XXXX   XXXX from XXXX XXXX. 

XXXX XXXX, Managing Director, Head of XXXX XXXX Debt XXXX XXXX joined XXXX in XXXX and is Head of Emerging Markets Debt. He is responsible for the portfolio management of emerging sovereign strategies in hard and local currencies and credit default swaps for internal and non-affiliated clients. Prior to his current position and responsibilities at XXXX, his responsibilities included portfolio management of single currency U.S. Dollar, Sterling, and Irish Punt portfolios as well as global bond portfolios. XXXX XXXX is a member of the Fixed Income Asset Allocation Team and also represents emerging markets debt in the Global Asset Allocation Committee meetings. He received a XXXX ( Honours ) in XXXX XXXX XXXX from the University of XXXX. 

XXXX XXXX, Vice President, Trader, High Grade Fixed Income XXXX XXXX joined XXXX in XX/XX/XXXX and is currently based in XXXX XXXX, and is responsible for trading dollars in the following sectors : Aerospace/Defense, Healthcare, Homebuilders, Hotels, Gaming, Consumer Products, Retail and Supermarkets. XXXX XXXX was based in XXXX from XX/XX/XXXX to XXXX of XXXX, where he traded dollars, euros and sterling in the following sectors : Autos, XXXX Chemicals, Metals, Supermarkets, Retail, Sovereigns, Supranationals, U.S. treasuries and U.S. agencies. From XX/XX/XXXX to XX/XX/XXXX, XXXX XXXX was based in XXXX XXXX and traded Consumer Products, Defence, Banks, Brokers, Healthcare, Sovereigns, Supranational,  Agencies, other services and all floating rate paper. Upon joining XXXX, he worked in the Systems Department as a Front Office Systems Analyst where he implemented several different fixed income and equity analytical systems. Prior to joining XXXX, XXXX XXXX was a Senior Pricing Analyst at XXXX XXXX XXXX. He received a XXXX in XXXX XXXX and a Minor in Economics from the University of XXXX XXXX. He holds Series 7 and 63 licenses and the XXXX XXXX XXXX. 

XXXX XXXX, Fixed Income Trader, Investment Grade Fixed Income XXXX XXXX joined XXXX in XXXX and is a member for the XXXX High Grade team trading Financials, Utilities, Defence, Pharmaceuticals, and Consumer Products in both cash and CDS. Prior to joining XXXX, XXXX XXXX was an underwriting trainee at XXXX. He received a XXXX in XXXX from XXXX University. 

XXXX XXXX, Managing Director, Head of Fixed Income Trading Desk, XXXX XXXX XXXX joined XXXX in XXXX and is the Head of Fixed Income Trading in XXXX. His responsibilities include trading corporate bonds and credit default swaps within balance sheet and total return portfolios. XXXX XXXX also manages three other traders in the XXXX office and is the dedicated emerging market trader focusing on both hard currency and local government markets. 

Previously, XXXX XXXX was at XXXX XXXX XXXX, most recently as a Fixed Income XXXX. Prior to XXXX, he was employed by XXXX XXXX XXXX XXXX and XXXX XXXX Overseas Division in different capacities in the money market area. XXXX XXXX received his Investment Management Certificate and completed the Security and Financial Derivatives Examination. XXXX XXXX, XXXX, Vice President, Investment XXXX, Fixed Income Investment Grade XXXX XXXX joined XXXX in XXXX as a Fixed Income Investment XXXX. Her primary responsibility includes managing single currency portfolios with a credit bias. She began her career as an Investment Manager for XXXX XXXX XXXX on the XXXX XXXX XXXX team specializing in XXXX credit portfolios. 

XXXX XXXX graduated from XXXX University with a XXXX  degree in XXXX. She has completed the XXXX XXXX XXXX and XXXX. XXXX XXXX is a member of the XXXX XXXX and the XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX  ). She is a CFA charterholder. 

XXXX XXXX, Chief Credit Officer, Global Fixed Income XXXX XXXX joined XXXX in XXXX and is the Chief Credit Officer for Global Fixed Income with responsibilities that span various asset classes and geographies. 

He also chairs XXXX XXXX XXXX XXXX. Prior to his current duties, XXXX XXXX served as Managing Director of High Grade Fixed Income Research, where he oversaw a team of 16 investment professionals responsible for over U.S. dollars XXXX XXXX in assets. Prior to joining XXXX, XXXX XXXX worked for New York XXXX XXXX XXXX for 12 years, serving as an analyst covering various industry sectors, then as a manager in various credit functions. Previously, he worked in the Controller 's Department of XXXX XXXX XXXXXXXX for 6 years where he focused on investment accounting, mergers and acquisitions, competitive analysis and strategic planning. XXXX XXXX is a member of the XXXX XXXX Society of Security Analysts and has served on the XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, where he remains a member. He holds an XXXX in XXXX from XXXX XXXX University 's XXXX XXXX XXXX XXXX and a XXXX in XXXX  from XXXX University. 

XXXX XXXX, XXXX, Managing Director, Fixed Income Capital Markets of XXXX XXXX XXXX is responsible for XXXX Matched Investment Program, as well as coordinating XXXX other fixed income capital markets initiatives. 

XXXX XXXX is also responsible for overseeing XXXX Structured Credit business including investments in third-party-managed CDO transactions and issuance of XXXX XXXX transactions. XXXX XXXX held a similar position at XXXX where she also directed the firms investments in asset-backed and commercial mortgage-backed securities. XXXX XXXX joined XXXX with the acquisition of XXXX in XXXX, and XXXX XXXX in XXXX as a member of the real estate group. Her prior experience was in real estate banking. XXXX XXXX earned a BA degree in sociology and an XXXX degree in XXXX  from the University of XXXX at XXXX. XXXX XXXX is a CFA charterholder. 

XXXX XXXX XXXX, CFA, Vice President, High Yield Trader, XXXX XXXX XXXX XXXX XXXX rejoined XXXX XXXX High Yield Team in XXXX. XXXX XXXX was a high yield portfolio manager with XXXX XXXX XXXX. Over the ten years that he has been associated with XXXX, XXXX XXXX had been involved in many different aspects of the companys financial business including systems, marketing services, securities accounting, portfolio forecasting and analysis and, beginning in XXXX, high yield trading. Prior to joining XXXX in XXXX, XXXX XXXX was a municipal bond trader with XXXX XXXX, XXXX and a financial analyst and trader for XXXX XXXX XXXX XXXX XXXX. He received a BS in Finance from the University of XXXX in XXXX and an XXXX in XXXX from XXXX University in XXXX. He is a XXXX charterholder. 

XXXX XXXX, Vice President, Senior Investment XXXX XXXX XXXX joined XXXX in XXXX and is a Vice President and Senior Investment Manager responsible for interest rate and currency and credit risk on both multi-currency and single currency bond portfolios. Since joining XXXX, he has been in charge of initiating both XXXX and XXXX XXXX products. 

XXXX XXXX industry experience began in XXXX at JP Morgan Investment Management where he was responsible for managing single and multi-currency bond portfolios on behalf of pension funds and private clients. During his 11 years at JP Morgan, XXXX XXXX undertook positions in capital markets research, fixed income trading and portfolio management focusing on risk management techniques, use of derivatives and macro economic analysis. XXXX XXXX holds a BSc degree ( honours ) in XXXX XXXX  XXXX from the University of XXXX. He holds the IMC and is registered as a holder of the CFTC Series 3 qualification. 

XXXX XXXX, XXXX, Vice President, Structured Credit XXXX XXXX joined XXXX in XXXX. XXXX XXXX invests in and manages a portfolio of third-partymanaged CDO transactions and assists in the issuance of XXXX XXXX transactions. Previously, XXXX XXXX was employed at XXXX, where she was responsible for recommending investments in the XXXX sector and was the analyst for the XXXX portfolio. In addition, XXXX XXXX was part of the management team for two TIAA-managed CDOs backed by structured finance securities. XXXX XXXX has a XXXX  in XXXX ( magna cum laude ) from XXXX University and an XXXX in XXXX from XXXX XXXX University, XXXX XXXX XXXX XXXX. XXXX XXXX is a XXXX charterholder. 

XXXX XXXX, Managing Director, High Grade Research XXXX XXXX XXXX joined XXXX in XXXX as a XXXX XXXX XXXX covering financial institutions. In XX/XX/XXXX, he became Director of High Grade Research, and is responsible for managing a group of XXXX XXXX XXXX

Company response to consumer: Closed with explanation