State Street has appointed Henry Quek to head the global markets business for Asia Pacific. Based in Singapore, he has oversight of FX, securities finance and portfolio solution businesses across the APAC region. Quek joined State Street in 2004.
Category: Bank Providers
Citi partners with METACO
Citi has selected METACO to develop and pilot digital asset custody capabilities. Citi intends to integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize, into its existing infrastructure, to develop and pilot digital asset custody capabilities.
Northern Trust wins UK investment trust mandate
Northern Trust has been appointed to provide global custody, fund accounting, depositary services and its outsourced trading service, Integrated Trading Solutions, to International Biotechnology Trust and its investment manager, SV Health Managers. Founded in 1994, International Biotechnology Trust is a UK investment trust that is traded on the London Stock Exchange. Its objective is to…
BP2S appoints Shóna Lynch to new U.S. role
BNP Paribas Securities Services has appointed Shóna Lynch as a senior sales director for its alternatives investments business in the U.S. She relocates from the UK.
Northern Trust appoints vice chairmen
Northern Trust has appointed two vice chairmen. Longtime Northern Trust leaders Dave Blowers, president of national services in wealth management, and Lyle Logan, managing director, financial institutions group, have been named as vice chairmen. Their responsibilities include key strategic initiatives and the development of select clients and prospects globally. Blowers continues to report to wealth…
New Switzerland country head for SGSS
Société Générale has appointed Isabelle Salomone as head of SGSS in Switzerland. Based in Zurich, she now reports to Anne Marion-Bouchacourt, group country head for Switzerland and MD of SG Zurich branch, and to Nathan Derhy, head of international coordination for SGSS. Salomone succeeds to David Cihla, who recently retired. Salomone was previously deputy head.
Wilmington Trust selects Northern Trust for CIT servicing
Northern Trust has been selected by Wilmington Trust, N.A. to provide custody, fund accounting, fund administration, fund-of-fund administration, and transfer agency services for collective investment trust (CIT) funds with approximately USD90bn in total balances. Rob Barnett, EVP and head of intermediary sales at Wilmington Trust, said: “CITs continue to be an increasingly popular investment vehicle…
BNY Mellon hires senior RM from BBH
Jennifer Muzerall has joined the BNY Mellon relationship management team in the U.S. She was previously at Brown Brothers Harriman.
HSBC wins major AUS ETF mandate
HSBC has been appointed by ETF Securities for middle office, custody and fund administration services for its range of equity products. ETF Securities is Australia’s oldest independent provider of ETFs and has maintained a track record of market innovation since launching the world’s first gold-backed ETF in 2003.
RBC I&TS appoints global head of bus dev
RBC Investor & Treasury Services has appointed David Giannone as global head of business development and a member of the executive operating committee. In this newly created role, he will lead RBC I&TS’ global sales force. Prior to this appointment, Giannone was managing director and head of U.S. for RBC I&TS. He will continue to…