Category: State Street

State Street has confirmed the creation of two new senior management roles that are designed to consolidate and streamline oversight of the product and client lines globally. Both positions report to Lou Maiuri, president and head of investment services. Jörg Ambrosius is chief commercial officer, responsible for achieving financial and strategic objectives for clients, as…

Securrency, the U.S.-based developer of institutional-grade, blockchain-based financial and regulatory technology, has appointed Nadine Chakar as CEO. Her appointment will allow Dan Doney, Securrency’s founder, who has served as the company’s CEO and lead architect since its inception, to focus on innovation, technology delivery, and commercialisation by continuing to serve as chief technology officer. Most…

State Street has appointed Dr. Andreas Przewloka as CEO for State Street Bank International GmbH (SSBI). Based in Frankfurt, Przewloka reports to Joerg Ambrosius, chief commercial officer for State Street and chairman of the board of SSBI. He will lead State Street’s custody and investment servicing business across continental Europe. He joins State Street from…

State Street and Brown Brothers Harriman have agreed to terminate State Street’s proposed acquisition of BBH’s investor services business. In a statement, State Street said: “After consideration of both regulatory feedback and potential transaction modifications to address that feedback, State Street has determined that the regulatory path forward would involve further delays, and all necessary…

State Street has launched a new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a fintech focused on the securities financing market, supports trade negotiations and enhances trade settlement and collateral management, allowing traders to better…

State Street has been appointed by China’s Harvest Fund Management Co Ltd. to provide onshore CNY FX hedging services for their Qualified Domestic Institutional Investor (QDII) investment funds. State Street has a long-term partnership with Harvest, having provided the firm with a range of investment services since 2010. State Street provides onshore CNY FX liquidity…