Shane Monks has joined BNY as global head of ETF and UIT operations, based in Boston. Monks joins from J.P. Morgan, after spending 15 years at State Street. This is the second major loss for J.P. Morgan from its ETF business, with Josh Jacobs recently moving to U.S. Bank. Vivian Tung, who was BNY’s global…
Category: BNY Mellon
BNY Mellon rebrands
BNY Mellon has revamped its brand name and logo, and will now be known as BNY. The company’s legal parent name will remain The Bank of New York Mellon Corporation.
ECPOConnect goes live
BNY Mellon has gone live with the first client for ECPOConnect, a collateral optimisation service developed in collaboration with Pirum Systems, the post-trade services fintech. The inaugural client is a Canadian bank. This new service combines BNY Mellon’s collateral management service, ECPO, with Pirum’s CollateralConnect platform, a SaaS-based solution supporting front-to-back cross-asset margin, collateral and…
Vivian Tung moves to MFS
Vivian Tung has left BNY Mellon to join the ETF product team at MFS Investment Management, based in Boston. At BNY Mellon Tung was global head of ETF services. She joined in 2022 after spending nearly 17 years at BBH.
BNY Mellon hires from J.P. Morgan
BNY Mellon has hired Sid Patel from J.P. Morgan as a senior director in the asset servicing business development organisation. Patel, who has also worked at BBH, is based in Boston.
BK appoints Japan country head
BNY Mellon has appointed Kunio Watanabe as Japan country executive and representative for its Tokyo branch. He is responsible for leading the BNY Mellon business in Japan and will be a member of the Asia Pacific Leadership Council. He joins from Nomura, where he most recently held the role of executive chairman of Nomura Holding…
CIBCM partners with Duco
CIBC Mellon has formed a strategic collaboration with Duco, a SaaS provider of AI-powered data automation. By leveraging Duco’s advanced capabilities, CIBC Mellon aims “to lower operational risk, streamline processes, and empower finance and operations teams”.
BK hires global custody ops head
BNY Mellon has hired Christopher Summers as global head of custody operations. He joins from J.P. Morgan, where he had a 30-year career.
U.S. Bank promotes Kedia
U.S. Bancorp, parent company of U.S. Bank, has appointed Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the titles of chairman and CEO. Based in Minneapolis, Kedia, 53, will oversee the company’s core business lines: consumer and business banking; payment services; corporate & commercial banking; and wealth, corporate, commercial and…
BNY Mellon partners with AccessFintech for T+1
AccessFintech, the UK-based provider of real-time data insights and collaboration across financial markets, is working with BNY Mellon to bring a joint solution to the market for addressing FX workflow challenges ahead of the imminent switch to T+1 settlement in the U.S.. BNY Mellon and AccessFintech are collaborating to provide clarity on securities trades’ ‘predicted…