Scott Markowitz has joined J.P. Morgan to head its Americas direct custody business. Markowitz spent four years at HSBC, most recently heading the securities services business in the Americas, following 16 years at BNY Mellon. J.P Morgan has also appointed Tom Casteleyn as head of global custody for EMEA, including responsibility for UK direct custody. Casteleyn was head of global custody at BNY Mellon before being replaced in 2020 by Caroline Butler, who spent two decades at J.P. Morgan. Both Casteleyn and Markowitz will report directly to Hannah Elson, head of global custody.
