J.P. Morgan Selected by Government of Canada for Expanded Derivatives Collateral Management Services

"Darren Measures, clearance & collateral management sales head for J. P. Morgan, said: "We are very pleased to extend our relationship with the Government of Canada. In a market where credit risk mitigation is the focus of industry attention, J.P. Morgan continues to lead the market in derivatives collateral management outsourcing based on our business knowledge, reputation in derivatives, and collateral management expertise."

Nickle here: I wonder if Canada will go the way of Iceland...