IQ-EQ, the Luxembourg-based investor services provider, has scored a major coup with the hiring of Emma Crabtree as group chief commercial officer. Crabtree joins from BNP Paribas Securities Services, where she was global head of sales for the asset manager and alternatives segments. Before joining BP2S in 2016, Crabtree spent nearly 20 years at RBC.…
Category: RBC
RBC hires new head of client operations
RBC Investor & Treasury Services has hired Paul Burd as managing director, global head of client operations. Burd will be based in Luxembourg, reporting to Francis Jackson, head of RBC I&TS. Most recently, Burd was the COO of Six Digital Exchange. Prior to joining SDX, Burd held a variety of roles at HSBC, Goldman Sachs,…
Northern Trust Canada hires two seniors from RBC
Northern Trust Canada has appointed Kim Stevens as CFO. Prior to Northern Trust, she worked at Royal Bank of Canada and TD Bank. Edouard Strew has joined as a senior relationship manager, based in Montréal. He joins from RBC, where he spent more than 15 years.
REQ appoints RBC for Irish ICAV admin
REQ AS, a Norwegian asset manager, has selected RBC Investor Services as the service provider for its Irish UCITS ICAV. RBC will provide administration, depositary, custody and middle office services.
HSBC adds two senior bus dev execs to asset manager team
HSBC’s securities services business has made two senior appointments in its asset manager sector. Mark Low is appointed client executive – asset managers, Europe, reporting to Michelle Butler, head of business development & client management – Europe, asset owners & managers. He joins from RBC where he spent eight years, predominantly responsible for the asset…
RBC launches FX TCA service
RBC Investor & Treasury Services has launched its FX transaction cost analysis (TCA) service for currency overlay services (COS) clients. The service, which uses analytical technology provided by State Street-owned BestX, will provide RBC’s COS clients with independent FX TCA reporting to oversee and assess the execution quality of their COS transactions. COS is available…
Bill Muia joins SS&C
Bill Muia has joined SS&C as a director of business development, based in the U.S. He was previously at HSBC, and has also worked for RBC.
Perpetual switches to State Street in Australia
Perpetual Investment Management Limited, the Australia-based asset manager, has appointed State Street to provide custody and fund administration services. State Street will provide core custody, middle office, administration, valuation, accounting and tax reporting services to the funds managed by Perpetual. In addition, Perpetual will leverage State Street’s enterprise data platform to manage data across the…
Citi appoints Justin Burman to lead fund services in Australia
Citi has appointed Justin Burman as Australia product head for fund services. The appointment comes as Citi continues to transition clients from RBC, following a client transfer agreement finalised in March 2020. Burman has worked at BNP Paribas and, most recently, at RBC.
Daniel Hickey joins RBC as global head of network management
RBC Investor & Treasury Services has appointed Daniel Hickey as global head of network management, based in the UK. He joins from Barclays Bank, where he was head of EMEA network management. Hickey inherits a completely revamped network that was rationalised through a project known as Network 2.0, reducing the number of providers from 23…