New head joins from Credit Suisse and brings almost two decades of experience in securities finance, liquidity and financial resource management.
State Street appoints Deutsche Bank's global head of securities services product development to lead the rollout of an end-to-end product strategy for the APAC region.
Citi will be able to begin offering local custody services to China’s $19 trillion asset management market, which has been a long-term target for global custodians.
Custodians will have to deliver outsourcing service models that can support and accelerate growth for some of Asia's largest asset owners and managers, according to State Street's head of APAC Mostapha Tahiri.
Renewal will be welcomed by State Street as it retains servicing contract for almost $250 billion in assets.
BNY Mellon has hired the former head of trustee services for Hong Kong at BBH for a newly created role within the International Trustee and Depositary division.
Former hedge fund executives joins Cowen's global capital introduction team, where it seeks to expand its coverage in Asia-Pacific and the US.
BNY Mellon has made three senior appointments over the past six months, most recently recruiting a new head of asset servicing and digital for Japan.
Through the new appointments, Northern Trust will continue its focus on delivering quality client service and innovative digital and data-driven solutions.