HSBC has hired Julie Kerr as global head of funds & trustee services. She joins from Citi and will be based in Hong Kong. She reports to Fiona Horsewill, global head of securities services, and joins HSBC’s securities services ExCo. She spent five years at Citi, where she was most recently APAC co-head of sales…
Year: 2024
U.S. Bank promotes Kedia
U.S. Bancorp, parent company of U.S. Bank, has appointed Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the titles of chairman and CEO. Based in Minneapolis, Kedia, 53, will oversee the company’s core business lines: consumer and business banking; payment services; corporate & commercial banking; and wealth, corporate, commercial and…
CRD poaches APAC head from FactSet
Charles River Development, a State Street company, has appointed Vinayak Bhat as head of Asia Pacific, where he will be responsible for all business oversight within the region and collaboration with State Street Alpha, the front-to-back asset servicing platform. He joins Charles River from FactSet Research Systems where he was head of the Asia Pacific…
Aztec hires U.S. markets chief
Aztec Group, the C.I.-based fund and corporate services provider, has appointed Scott Kraemer to lead its offering across North America as head of U.S. markets. Aztec entered the U.S. in 2021 with its first office in Philadelphia, where he will be based. Kraemer’s most recent role was as Vistra’s head of alternative investments for the…
ATLAS appoints Citco
ATLAS SP Partners, a provider of structured and asset-backed credit to institutional borrowers and institutional investors, has appointed Citco to provide operational loan and bond accounting as well as administration services for its balance sheet and fund products. Citco has a loans portfolio of >USD200bn across 28,000 loan facilities.
Centralis expands in Europe
Centralis, the Luxembourg-based provider of alternatives and corporate administration and business solutions, has opened an office in Madrid, Spain. Elena Perez will head the office as general manager. The new office will cater to both the alternatives and corporate financing sectors.
Komainu gets another CEO
Komainu, the Nomura-backed custody provider for digital assets, has appointed Paul Frost Smith as co-CEO, working alongside Robert Johnson, who has been serving as interim CEO and has now been appointed as co-CEO on a permanent basis. In his most recent role, Frost Smith was co-founder and CEO of Corinthian, a digital asset investment management…
BNY Mellon partners with AccessFintech for T+1
AccessFintech, the UK-based provider of real-time data insights and collaboration across financial markets, is working with BNY Mellon to bring a joint solution to the market for addressing FX workflow challenges ahead of the imminent switch to T+1 settlement in the U.S.. BNY Mellon and AccessFintech are collaborating to provide clarity on securities trades’ ‘predicted…
U.S. Bank hires ETF CCO
U.S. Bank has hired Josh Jacobs for the newly created role of chief commercial officer for ETFs. He will be responsible for all aspects of the business development and relationship management coverage of the ETF business. Jacobs brings more than 20 years of financial services experience, most recently at J.P. Morgan, where he was head…
BNY Mellon expands in UAE with new Lunate mandate
BNY Mellon has deployed its cloud native data platform for the first time in the UAE, after being commissioned by Lunate Capital, the Abu Dhabi-based global alternative investment manager, to provide it with a data operating model. Lunate Capital, which has >USD50bn AuM, recently appointed BNY Mellon as administrator, transfer agent and global custodian for…