BNY Mellon’s board of directors has elected Sandie O’Connor as an independent director. With the addition of O’Connor, the board will have 13 directors, 12 of whom are independent. O’Connor retired as the chief regulatory affairs officer for JPMorgan Chase, where she set the firm’s regulatory strategy and led engagement with G-20 policymakers. Prior to…
Category: BNY Mellon
BNY Mellon adds senior RM in EMEA
Costas Tsilogiannis has joined BNY Mellon in a senior client relationship management role in EMEA. He was previously at SS&C Advent.
Citi wins lion’s share of BlackRock’s iShares rebalancing
Citi has emerged as the major winner in BlackRock’s rebalancing of its provider panel for the USD2.3trn iShares’ assets in U.S.-domiciled ETFs. The decision is the culmination of a nearly two year-long due diligence process with the selection of four of the leading custody banks to support the growth of U.S. iShares ETFs and strengthen…
State Street hires performance expert from BNY Mellon
After a 19-year career at BNY Mellon, Marc Rubenfeld has joined State Street as MD, Alpha Platform Management – Investment Performance, based in the U.S. Most recently he was head of EMEA sales for data & analytics solutions at BNY Mellon.
BNY Mellon adds senior talent to global tax team
Liam Stanbridge has joined BNY Mellon as head of global tax. In this role, Stanbridge will focus on leading client servicing tax solutions for institutional clients and leading the transformation and digitisation of the bank’s tax services offering. He will partner closely with BNY Mellon’s new head of tax product development, Stuart Winny, who has…
BNY Mellon adds MSCI ESG ratings to collateral management
Collateral management clients using BNY Mellon‘s electronic collateral schedule manager, RULE, now have the capability to digitally express their ESG preferences by leveraging ESG ratings and indexes. The firm’s U.S. clients are able to take advantage of these same ESG eligibility capabilities by updating their schedules using current U.S. methodology. The functionality draws on MSCI…
Clearwater hires new head of private assets
Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has appointed Jonathan Flitt as global head of private assets. In this capacity, he leads product management, strategy, and execution to deliver platform capabilities and solutions that provide total portfolio transparency for the private markets space. Flitt joins from BNY Mellon, where…
CIBC Mellon expands in Quebec
CIBC Mellon is expanding its coverage in the Province of Quebec to support growing regional client needs. The Quebec expansion follows the company’s expansions in Mississauga in 2016 and Winnipeg in 2019. CIBC Mellon has appointed Michael Graham to lead the provincial growth strategy. The first phase of the company’s plan expands its bilingual relationship…
CIBC Mellon establishes Indigenous Asset Servicing unit
CIBC Mellon has established an Indigenous Asset Servicing Unit to serve its growing client base of First Nations and Indigenous Institutional Investors. The new unit will deploy asset servicing and digital solutions developed to service Indigenous Governments, First Nations, Indigenous Asset Managers and Indigenous Asset Owner organisations. CIBC Mellon has appointed Trish Roberts as assistant…
Milestone launches fair value control solution
Milestone Group, the fintech firm owned by BNY Mellon, has launched a new Fair Value Control solution. This new solution is for teams responsible for the administration and compliance of the fair value process and ensuring that funds’ securities are correctly valued in accordance with policy. This solution leverages the pControl funds platform that currently…