Burns will be responsible for overseeing client service and setting the strategic direction for its investment manager clients in the region.
The appointment is the latest for MUFG’s sales team following a senior managerial reshuffle.
The new division will focus on delivering cross-enterprise solutions and insights into the company’s global and most complex clients.
Deutsche Bank's GTB franchise is aiming to link its products with the wider investment bank and create synergies for North American clients.
The move is likely the first personal hire by Dan Houlihan in his new role running Northern Trust’s Americas asset servicing business.
HSBC's former head of Americas securities services has relocated to London to focus on its banks and broker-dealer clients.
In the newly-created role, he will be responsible for all front-, middle-, and back-office services to asset owners and asset managers.