Custody
The US bank will provide custody and investment services to Genworth’s AUD$3.5 billion investment portfolio.
Fund Administration
GC Legend and former JP Morgan global head of fund services Stephanie Miller will join Intertrust as its new CEO in January.
Custody
Former England rugby union captain Pat Sanderson joins RBC I&TS from JP Morgan, the latest hire for the global client coverage team.
Securities Finance
Ben Challice joined JP Morgan as global head of agent lending and collateral management in a newly created role.
Market Infrastructure
JP Morgan and Citi have recorded increased securities services revenues in successive quarters.
People Moves
Hong Paterson has left JP Morgan to head up RBC I&TS’ business in Singapore.
Mike Hughes to join JPM as global head of custody after 13 years at Deutsche Bank.
People Moves
Bank poaches Matthew Bax from rival to further bolster fund services and custody business.
Custody
Northern Trust has announced a significant expansion into Ireland with the creation of 400 new jobs in Limerick over the next five years.
Market Infrastructure
Bank says CCPs represent huge risk for market participants.