U.S. Bancorp has joined Ownera’s Series A investment round. Ownera is a fintech working on an interoperability network for tokenized assets. Ownera aims to digitise private markets, allowing banks, asset managers and exchanges to route assets more efficiently. Other participants in the funding round include J.P. Morgan. In 2021 U.S. Bank invested in Lumint and…
Category: J.P. Morgan
Jaid adds top talent to board
Kelly Mathieson has joined Jaid’s board of directors. UK-based Jaid is an Al-powered automation platform that extracts critical data from all company and client communications across all channels. It analyses and organises the data into meaningful, actionable insights and integrates with existing systems and workflows. Mathieson spent 26 years at J.P. Morgan in a variety…
SEBA Bank hires APAC CEO
SEBA Bank, the Swiss-based crypto bank, has appointed Amy Yu as CEO of its APAC division. Yu will initially be located in Singapore. SEBA Bank recently opened a Hong Kong office. She previously worked at Genesis as APAC head of sales. Prior to her move into the digital assets space, Yu supported the development of…
BNY Mellon appoints Caroline Butler as CEO of digital assets
BNY Mellon has appointed Caroline Butler as CEO of digital assets. Butler joined BNY Mellon in 2020 as global head of custody after nearly two decades at J.P. Morgan. As the CEO of digital assets, she will continue to report to Roman Regelman, CEO of securities services and digital. As CEO of custody services, she…
Northern Trust hires from JPM
Northern Trust has appointed Natalie Leaver as head of asset owner business development, UK & Ireland. She replaces Ian Hamilton, who has been appointed head of UK asset owners, succeeding Mark Austin, who has been named pensions sector lead for EMEA. She joins from J.P. Morgan, where she spent 17 years, most recently as head…
EDB adds to executive board
Apex-owned European Depositary Bank has appointed Robert Steele and Jean-François Thils to its executive management board. They join EDB CEO David Claus and managing director Holger Barth as members of the bank’s executive management board. David Rhydderch, previously a member of the board, is stepping down and becoming a member of the board of directors…
Ocorian hires from SS&C
Ocorian, the C.I.-based administrator, has appointed Chris Bickley as business development director (funds). Based in London, he will cover all asset classes in private markets, with a particular focus on renewables and unlisted real estate. He joins from SS&C Technologies where he was a business development manager for private markets, covering private equity, real estate,…
Another defection from BBH
Sid Patel has left BBH to join J.P. Morgan as an executive director, based in Boston. He spent nearly 12 years at BBH in Boston and London, most recently as a sales & relationship manager.
Coremont hires CTO
Coremont, a UK-based provider of front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Balaji Krishnamurthy as chief technology officer, based in the U.S. He joins from JPMorgan Chase, where he oversaw middle office and post-trade technology, based in New York. This follows the recent appointments of Akbar Sheriff as global…
HQLAx pioneers cross-DLT repo trade
HQLAᵡ, J.P. Morgan, Ownera and Wematch have successfully tested the technical feasibility of executing a DvP repo transaction across two different DLT platforms at HQLAᵡ and J.P. Morgan. The test showed how rights to securities, recorded in digital collateral records (DCRs) on the HQLAᵡ ledger, and digital cash, recorded at J.P. Morgan, could be recorded…