Category: Bank Providers

Fundrella AB, the Sweden-based fintech, has appointed Struan Malcolm as chief operating officer. Malcolm was most recently head of Nordic sales for Northern Trust’s asset servicing business. Fundrella is a matchmaker in asset management, allowing professional investors to discover funds that align with their ESG criteria.

Northern Trust has appointed Aisling Keane as head of asset servicing, Hong Kong. In this newly created role, Keane will lead Northern Trust’s asset servicing business in Hong Kong, Macau and Taiwan, responsible for overseeing the overall strategic direction for the asset servicing business and providing solutions to clients. Keane was most recently head of…

In a move to “strengthen its UK client coverage”, Société Générale Securities Services has appointed Richard Davis as sales director and has extended the role of Steve Gutowski, the UK sales director, to cover financial institutions, broker/dealers, and banks. Both are based in London and report to Alessandro Cavallari, head of international sales at SGSS.…

Ultimus Fund Solutions, the U.S.-based provider of fund administration, accounting, and investor solutions, has hired Steve Scaringe as a senior vice president, business development. In this role, he will focus on providing enterprise-wide service solutions to institutional investment managers. Scaringe has worked for J.P. Morgan and, most recently, State Street.

Shaun Parkes has joined BNY Mellon as head of insurance and investment management. Based in London, he reports to Ed Fandrey, head of Global Client Management, and joins the GCM leadership team. Parkes previously held leadership, sales, and product roles over two decades of experience at J.P. Morgan in both Europe and Asia, including his…

James Slater, CEO of BNY Mellon’s corporate trust business, is to retire at the end of September. Slater, who has run the corporate trust business since 2022, was one of the original CIBC executives to join the CIBC Mellon joint venture at its formation in 1996 before moving to BNY Mellon in 2010. He served…

Northern Trust has appointed Dane Fannin to lead its global FX business. Fannin, who joined the bank in 2006, will retain his existing responsibilities for the securities finance business. He reports to Guy Gibson, global head of capital markets, banking & treasury services. Fannin replaces Marisa Kurk, who left earlier this year.

HSBC has launched ETF Platform Solutions, its new end-to-end platform providing asset servicing solutions to ETF issuers globally. Under a single offering, ETF issuers will have access to HSBC’s markets & securities services capabilities, such as: ETF order management, PCF production, and custom ETF NAV attribution analysis; AP services including ETF seeding and HSBC’s ETF…

Steve David has left Northern Trust, where he has spent the last 19 years. David was CEO of Northern Trust Global Services Societas Europaea, its EU bank, as well as country head for Luxembourg. He was instrumental in growing the Luxembourg franchise and also played a key role in the successful integration of the UBS…