People Moves

HSBC has targeted Luxembourg as a key growth market for its securities services business.

The shake-up gives three of BNY Mellon's most senior asset servicing executives new roles to expand product development and client management globally.

ISLA plans to fill a number of key senior positions this year that will enable it to deliver on several regulatory projects and market practice initiatives.

The stalwart of Morgan Stanley's industry-leading prime brokerage business will retire after serving over 30 years with the US firm. 

The appointment is the latest in a string of moves by Citi to upgrade its middle-office platform for asset managers. 

SGSS has grown into a leading securities service provider in Italy with over €698 billion in assets under custody.

Citco has invested in its loan servicing capabilities to address client needs and offer a holistic lending solution.

The moves come in response to the French bank appointing a new head of its US investment banking business.

State Street has seen several senior technologists leave over recent months, while also appointing a new CIO following a review of its tech strategy.

Tim Smollen had spent over a decade at Deutsche Bank and was inducted into the GC Hall of Fame as a legend in 2013.