LCH promotes Poilvet-Clediere to lead repo clearing business
LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.
People Moves
State Street hires industry veteran and GC Legend Chakar as head of global markets
Long-serving BNY Mellon executive with three decades of asset management experience joins State Street for second spell.
GC Legend De Vidts joins bond trading firm for regulatory advisor role
Industry veteran Godfried De Vidts most recently served as director of European affairs at NEX Group.
HSBC’s new co-heads of securities services ring in executive changes
New dual leadership at HSBC Securities Services makes changes with aim to simplify its structure.
Former prime brokerage head at Deutsche Bank and Citi joins GPP
Todd Johnson has previously worked as head of international prime brokerage at Deutsche Bank, and head of European prime brokerage at Citi.
State Street to cut 1,500 jobs and reduce senior management numbers
New State Street CEO begins the year by announcing job cuts in earnings release.
BNP Paribas Securities Services reshuffles APAC leadership
BNP Paribas has more than tripled its assets under custody over the past five years under the leadership of Philippe Benoit.
MUFG Investor Services continues build out of US real estate and private equity sales team
MUFG has looked to increase its presence in the illiquid alternatives fund services space, after it hired two senior private equity fund services executives last year.
State Street promotes 25-year veteran to lead Asia-Pacific business
Ian Martin will continue his current responsibilities of leading State Street’s global services business in the region.
RBC’s securities lending head joins BMO Capital Markets
Mary Jane Schuessler joins the Canadian broker where she will be focused on covering, utilising and optimising BMO's prime brokerage positions.