JP Morgan has appointed a former Credit Suisse managing director to lead its prime brokerage effort in Europe, the Middle East and Africa, as the US bank looks to continue to grow market share in the region.

David Clarkson, who was most recently chief of staff in prime services at Credit Suisse, will join JP Morgan later this month as head of prime brokerage in Emea, according to a statement from JP Morgan. He will report to Teresa Heitsenrether, global head of prime brokerage, who moved back to New York from London earlier this year.