BNY Mellon welcomes new global head of custody services from Standard Chartered
Industry legend joins the custodian with 26 years’ securities services experience at the likes of Standard Chartered, HSBC and Citi.
Industry legend joins the custodian with 26 years’ securities services experience at the likes of Standard Chartered, HSBC and Citi.
Tom Casteleyn is head of global custody, EMEA, for JP Morgan. He joined the bank in 2021 after 16 years at BNY Mellon in a variety of roles, including head of custody. Global Custodian spoke to him about the bank’s securities services development in the Nordic region, which includes over 40 employees across securities services product and sales.
Custodians are likely to benefit as efficiency improves along the transaction chain and as clients seek help in meeting regulatory requirements.
A review of Global Custodian Agent Bank survey ratings from 2022 indicates overall satisfaction with global securities services despite market headwinds.
This week’s round up of fund administration news features Citco, Ocorian, Crestbridge, Apex Group, Universal Investment, IQ-EQ and Aztec Group.
New body includes several industry experts hailing from the likes of ICMA, UBS and SIX.
Increasing Series B to $435 million, second tranche will support geographic expansion and improved access for market participants.
Custodian continues to hire from Goldman Sachs for top roles as strategic investments specialist joins ranks.
Emerging and frontier market service levels exceed expectations.
Platform utility facilitates increased settlement velocity and collateral mobility.