U.S. Bank has named Dylan Curley head of sales and relationship management for its global fund services division. Curley has been with U.S. Bank since 2018 and was previously head of sales.
Category: U.S. Bank
DTCC to acquire Securrency
DTCC, the U.S. market infrastructure provider, has signed a definitive agreement to acquire Securrency Inc., a developer of institutional-grade digital asset infrastructure. The acquisition is expected to close shortly. Both U.S. Bank and State Street are investors in Securrency. Securrency will become a wholly-owned subsidiary of DTCC and will operate under the name DTCC Digital…
Sakstrup replaces Waldron at U.S. Bank
U.S. Bank has appointed Kai Sakstrup as chief product officer for its Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. Sakstrup previously served as chief strategy officer for U.S. Bank for more than six years. He joined U.S. Bank in 2015 as senior vice president of corporate strategy. He replaces Christine Waldron, who recently joined…
Waldron joins BNY Mellon
BNY Mellon has hired one of the superstars of the global investor services business. Christine Waldron is joining as head of fund services, having worked for nearly 25 years at U.S. Bank, most recently as chief product officer for the wealth and investment services business lines. She replaces Alan Flanagan, who has been appointed head…
Dale Smith to retire from U.S. Bank
After a distinguished 45-year career with U.S. Bank, Dale Smith is to retire. He is currently head of the Wealth Management & Investment Services Transformation Office, and has overseen the migration of its custody business to the SEI Wealth platform. During his storied career he led expansion of the trust & custody business from USD400bn…
U.S. Bank adds to Kedia’s role
Jim Kelligrew, vice chair of corporate and commercial banking at U.S. Bank, will be retiring from the company on June 30. Gunjan Kedia will assume an expanded leadership role, overseeing a combined wealth management and investment services and corporate and commercial banking organisation. Kedia is a company vice chair and has been with U.S. Bank,…
U.S. Bank invests in Versana
U.S. Bank Investment Services has joined the latest fundraising round by Versana, a fintech focused on the syndicated loan market. As a leading trustee, particularly for CLOs, which make up 70pct of the institutional loan market, U.S. Bancorp is Versana’s first buyside-focused investor, which Versana hopes will assist in creating a network effect with the…
U.S. Bank hires GFS president
U.S. Bank has appointed Jay Martin as president, global fund services. Martin will join the senior leadership team of U.S. Bank’s Wealth Management and Investment Services (WMIS) division. He will be based in Milwaukee. The position has been vacant since Joe Neuberger left in late 2022. Christine Waldron, chief product officer for WMIS, has been…
U.S. Bank launches European ETF services
U.S. Bank has launched its new ETF services in Europe, as well as signing its first client for this offering. U.S. Bank will support Horizon Kinetics’ European version of its Inflation Beneficiaries ETF, an actively managed fund that seeks to address one of the most important economic and investment drivers – inflation – by identifying…
Pace moves to U.S. Bank
Dan Pace has joined U.S. Bank as a relationship manager in its institutional trust & custody team, based in Boston. He previously spent more than 15 years at BBH.