Northern Trust has appointed Jessica Donohue has been appointed as head of asset servicing, Americas. In her new role, Donohue will report to Clive Bellows, co-president of Northern Trust’s asset servicing business. Donohue joined Northern Trust in September 2025 as global head of product management for asset servicing. Before joining Northern Trust, she held senior…
Category: State Street
CRD expands PA support
Charles River Development, a State Street company, plans to expand its support of private market assets within the unified managed accounts capabilities. The offer aims to provide a streamlined and integrated solution with advanced portfolio management capabilities across public and private assets within a single portfolio. The expanded solution is intended to address the administrative…
State Street to link with QNB
State Street and QNB Group plan to form a strategic alliance to introduce a new custody servicing model in Qatar. Under this co-operation agreement, State Street and QNB Group have agreed to collaborate, with service agreements to be finalized and executed at a later date. QNB has USD65bn AuC.
State Street launches digital assets platform
State Street has belatedly launched a digital assets platform, which includes wallet management, custody and cash capabilities, designed to support tokenised product development across jurisdictions covering both private and public permissioned blockchain networks. State Street’s digital asset strategy has stuttered ever since Nadine Chakar, global head of digital assets, left in 2022 after barely a…
Coleman moves to LSEG from State Street
LSEG, the UK-based financial markets infrastructure and data provider, has appointed Chris Coleman as group head of sales and account management. Based in Boston, he reports to David Schwimmer, CEO. He joined from State Street, where he was most recently head of global client coverage.
State Street hires head of strategic transformation
State Street has hired Mark Wightman as head of strategic transformation, based in the UK. He was most recently at EY.
Columbia Threadneedle appoints State Street
State Street has been appointed to service Columbia Threadneedle Investments’ newly launched UCITS actively managed ETFs. State Street will provide services including custody, depositary, fund accounting, ETF basket creation, create/redeem order management, ETF settlement, transfer agency and reporting. In 2025 Columbia Threadneedle Investments, the global asset management group of Ameriprise Financial, Inc., appointed State Street…
M&G launches active ETFs
M&G Investments has launched the first in a new range of fixed income active ETFs, marking the first phase of a broader roll out. These are backed by a GBP350m (USD468m) investment from M&G’s life business on behalf of several underlying client funds and funds from the multi asset range. The funds are domiciled in…
Dimensional launches European ETFs
State Street has been appointed as the service provider to Dimensional Fund Advisors’ newly launched actively-managed UCITS ETFs. The initial funds listed are the Global Core Equity UCITS ETF and the Targeted Value UCITS ETF. The funds are domiciled in Ireland, regulated by the Central Bank of Ireland and listed in London and Frankfurt. State…
Flanagan to leave BNY
Alan Flanagan has announced his departure from BNY. Flanagan, an Irishman based in New York, had an 18-year career with BNY, most recently as head of global client coverage for the asset servicing business. He will start a new job in mid-March, but has not yet disclosed details. The news follows the planned retirement of…