Aztec Group has added two managers to its private equity team in Jersey. Paul Watson has been appointed as a director, while Alexandra Prince has assumed the role of associate director. Watson, previously a principal consultant with Marbral Advisory, a Channel Islands-based change management consultancy, will be responsible for the provision and ongoing development of…

State Street has made some significant changes to its Management Committee, the company’s most senior strategy and policy-setting team. Francisco Aristeguieta will establish a new global unit, Institutional Services, which will include the global clients division, segments, sales and client coverage, client program office, and marketing. Reporting to Aristeguieta will be Donna Milrod, head of…

HSBC has chosen the IHS Markit Wall Street Office (WSO) platform to provide private loan administration services for clients of its securities services business. IHS Markit will perform the loan administration and reconciliation process, which will integrate into HSBC’s fund accounting platform. The service will provide clients with real-time access to loan portfolio reporting. Private…

Northern Trust has won three new mandates from European insurers. Hannover Re, the German reinsurer, appointed Northern Trust to provide collateral management and global custody services for its longevity risk transfer business. AND-E, a European subsidiary of the Japanese insurance group MS&AD, appointed Northern Trust to provide global custody and related asset servicing solutions for…