As first reported here last November, MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Tim Smollen as global head of global securities lending solutions. He will be based in New York and will be joined by eight additional hires who will support the growth and development of MUFG’s securities lending franchise. Smollen joins from Deutsche Bank, where he was global head of agency securities lending. He had previously led the agency securities lending team at Dresdner Kleinwort Wasserstein from 2002 to 2009, as well as holding various roles at JP Morgan Chase.
