Southern Financial, a complex client, was vocal about trading capability issues and withdrew assets in 2016. They were offboarded by Global Markets due to lack of profitability but were re-onboarded after improvements. The client is now the largest trading counterparty of the KCP capital markets group with $230mm in balances.
doj/DataSet10/EFTA01378373.pdf
{"key_people":["Paul"],"document_type":"correspondence","key_organizations":["Southern Financial","Global Markets","KCP capital markets group"],"reference_numbers":["DB-SDNY-0075547","SDNY_GM_00221731","EFTA01378373"]}