Citi has hired Eduardo Gramuglia Pallavicino as head of Luxembourg & the Netherlands. Gramuglia, who has been working as a strategic advisor and non-executive director, was previously head of Luxembourg for State Street and has also worked at BBH. He replaces Larissa Sototskaya, who has moved to a new role as global head of TA…
Category: BBH
Pace moves to U.S. Bank
Dan Pace has joined U.S. Bank as a relationship manager in its institutional trust & custody team, based in Boston. He previously spent more than 15 years at BBH.
Chodosh joins State Street
Adam Chodosh has joined State Street in the EMEA sales team for Alpha, the bank’s front-to-back solution. Chodosh was previously at BBH for 18 years.
BBH appoints three GPs
Brown Brothers Harriman has appointed three new general partners: Thomas Davis (private banking), Christopher Gothard (investor services), and Justin Reed (private banking). Based in London, Gothard is taking on responsibility for the global markets group within the investor services division, including the FX and securities lending businesses.
Northern Trust adds to fund services team
Northern Trust has confirmed the appointment of Steven Reydel as head of North America fund accounting and Michael McMaster as head of North America fund administration. Reydel was most recently head of BBH’s global fund accounting operations team and the fund accounting product executive. McMaster was chief tax officer – head of global fund services…
State Street and BBH call off deal
State Street and Brown Brothers Harriman have agreed to terminate State Street’s proposed acquisition of BBH’s investor services business. In a statement, State Street said: “After consideration of both regulatory feedback and potential transaction modifications to address that feedback, State Street has determined that the regulatory path forward would involve further delays, and all necessary…
Another defection from BBH
Sid Patel has left BBH to join J.P. Morgan as an executive director, based in Boston. He spent nearly 12 years at BBH in Boston and London, most recently as a sales & relationship manager.
BBH announces four RMs for inserv business
In the clearest signal yet that the State Street deal to acquire Brown Brothers Harriman’s investor services business in far from certain, BBH has announced four new senior relationship managers. Mariana Kelly joins from BNY Mellon where she worked as a relationship manager for Latin American clients and held roles in business development, project and…
Northern Trust hires BBH executive
Elaine Ni Ghallchóir has joined Northern Trust as a relationship manager in the EMEA consultant relations group. She joins from BBH, where she spent 16 years, most recently as head of European industry engagement.
Another BBH RM joins BNY Mellon
Meghan Palleria has become the latest manager to defect from Brown Brothers Harriman to BNY Mellon, joining as a senior relationship manager in the investment managers segment. She is based in Boston. So far this year, there have been at least 10 publicly known moves from BBH to BNY Mellon.