Ed Turner has joined BNY as global product head for registered funds, ETFs, and insurance accounting, based in the UK. He was previously at HSBC.
Category: BNY Mellon
BNY expands with Franklin Templeton
BNY has been appointed by Franklin Templeton to provide asset servicing and FX capabilities for its U.S.-listed ETF products. Franklin Templeton is expanding its long-standing relationship with BNY, which has supported the launch of three of Franklin Templeton’s digital asset ETFs, and will now be able to deliver the full scope of BNY’s ETF platform,…
Ripple appoints BNY for RLUSD custody
Ripple, a provider of digital asset infrastructure for financial institutions, has appointed BNY as primary custodian of Ripple USD (RLUSD) reserves. BNY will serve as the primary reserve custodian of RLUSD,. In addition, BNY will provide transaction banking services to underpin RLUSD’s operations and deliver integrated solutions.
BlackRock legend retires
Legend is a word that is much misused and overused, but there should be no doubt that it genuinely applies to Phil Evans who, after 15 years at BlakcRock is to retire. Evans was most recently head of global provider strategy at BlackRock.
BNY wins (back) WisdomTree ETF mandate
BNY has confirmed that WisdomTree, Inc. to provide custody, depositary, accounting, fund administration and ETF services for its Europe-listed products. WisdomTree Europe has AuM totaling USD40.1bn. BNY is expanding its relationship with WisdomTree as custodian, administrator, securities lending agent and ETF servicing provider across its U.S.-listed products, to now include capabilities which support its Irish-domiciled…
BNY to support new stablecoin from SG-FORGE
Société Générale-FORGE (SG-FORGE), an integrated subsidiary of the group dedicated to crypto assets, is to launch a new stablecoin, the USD CoinVertible, on both the Ethereum and Solana public blockchains (ticker: USDCV). BNY will act as reserve custodian.
Liontrust outsources trading
Liontrust, the UK-based active asset manager with GBP21.6bn AuM (USD29bn), has expanded its relationship with BNY with the outsourcing of its trading for investment funds and institutional accounts to BNY’s buy-side trading solutions group. Liontrust’s UK-based traders have joined BNY.
Shah to quit BNY
Akash Shah, chief growth officer and head of growth ventures at BNY, has announced that he is stepping down to pursue new opportunities. He spent seven years at BNY under three different CEOs.
Centralis hires new CCO
Centralis Group has appointed Maarten Heukshorst as chief commercial officer, based in London. He was previously at a fintech.
NTRS hires for OCIO role
Northern Trust has appointed Kate McCabe to lead the OCIO strategy for its asset servicing business unit. In this newly established role, McCabe will be responsible for developing strategic relationships with outsourced chief investment officer firms and the associated investment consultant community. She will report to Melanie Pickett, head of asset servicing, Americas. McCabe was…