Carne Group, Europe’s largest third-party ManCo and a provider of fund regulation and governance solutions, has appointed Daniel Osborne as head of ETF solutions, based in London. He reports to Des Fullam, chief regulatory & client solutions officer at Carne. He was most recently COO and MD of the ETF business at State Street, where…
Richard
Swabey joins Arendt Investor Services
Henning Swabey has joined Arendt Investor Services as a senior client relationship director, based in Luxembourg. He was previously CCO at Governance.com. In 2025 BlackFin Capital Partners and Arendt entered into a partnership that will see BlackFin become the majority shareholder of Arendt Investor Services.
Lunatic Fringe
Once again, senior executives paid to have better judgment have proved themselves to be completely out of touch. Read this hogwash first: “As we continue reimagining ourselves as a financial services platforms company for the future, changing our ticker to BNY reflects who we are today and where we’re headed. We’re proud of our history,…
MUFG signs with Euroclear
MUFG has signed up for Euroclear’s Collateral Optimisation Service. The service enables clients to reduce their overall funding costs through a more cost-effective collateral allocation, freeing up high-quality liquid assets, and is fully integrated within Euroclear’s Collateral Highway, which surpassed EUR2trn in collateral under management in 2025.
BNY drops BK
In an incomprehensible act of mindless corporate vandalism, BNY has announced that it will change the ticker symbol for the common stock of The Bank of New York Mellon Corporation from BK to BNY. In its press release, BNY said that the “BNY ticker symbol aligns the company’s market identity more closely with its brand,…
BNPP appoints head of FI&C for AsPac
BNP Paribas has appointed Gary O’Brien as head of financial intermediaries & corporates (FI&C) client line for its securities services business in Asia Pacific. Based in Australia, he reports regionally to Franck Dubois, head of Asia Pacific for securities services, and functionally to Bruno Campenon, global head of the FI&C client line. He was most…
Northern Trust to support Calamos ETF
Following the recent launch of the first autocallable ETF in Europe by Calamos Investments, Northern Trust will support the new fund through its servicing relationship with the Waystone ETF ICAV, for which it provides fund administration, depositary and custody services.
BNY collaborates for digital asset custody in ADGM
BNY, with Finstreet Limited and ADI Foundation, are collaborating to offer regulated, scalable, institutional-grade digital asset custody in the Abu Dhabi Global Market. Finstreet, a digital market infrastructure group and a subsidiary of IHC through Sirius International Holding, and ADI Foundation, an Abu Dhabi-based blockchain infrastructure organisation, will jointly support this initiative. The collaboration is…
BlackRock appoints head of ETF servicing
Shane Monks has joined BlackRock as global head of ETF servicing, based in Boston. He was previously at BNY.
BNY replaces Reinertsen
BNY has appointed Matt Mackay as head of asset owners, Americas. He joins from J.P. Morgan, where he spent 19 years, most recently as MD, securities services sales, asset managers. He replaces Anders Reinertsen, who joined Clearwater Analytics earlier this year.