Archer, a service provider to the investment management industry, has appointed John Lehner as a member of its board of directors. Lehner has previously worked at State Street, BNY Mellon and Eagle Investment Systems.
Category: BNY Mellon
Rob Rushe joins CACEIS to head ETF solutions
Robert Rushe, one of the pioneers of the European ETF industry, has joined CACEIS as head of ETF solutions, based in Ireland. Rushe was part of the BoISS ETF team that joined Northern Trust after its acquisition in 2011, and most recently worked at BNY Mellon as head of the ETF business for EMEA.
BNY Mellon adds two seniors to asset servicing team
Two senior hires for BNY Mellon’s asset servicing operations team: Paul Vigilante has joined as head of accounting and investor solutions operations from J.P. Morgan. Based in New York, he reports to Jeremy Dobrick, head of asset servicing operations and technology. Prior to this role, Vigilante held senior operations roles in securities services and asset…
BNY Mellon/SNB Capital alliance goes live in Saudi Arabia
BNY Mellon and SNB Capital have gone live with their combined global securities services offering to institutional and large asset owners based in the Kingdom of Saudi Arabia (KSA). This comes after the 2020 agreement in which NCB Capital (now SNB Capital, following the merger with Samba Capital), KSA’s largest custodian, struck an alliance with…
J.P. Morgan makes senior custody appointments
Scott Markowitz has joined J.P. Morgan to head its Americas direct custody business. Markowitz spent four years at HSBC, most recently heading the securities services business in the Americas, following 16 years at BNY Mellon. J.P Morgan has also appointed Tom Casteleyn as head of global custody for EMEA, including responsibility for UK direct custody.…
BNY Mellon wins award for best workplace for innovators
Whilst it is my editorial policy not to feature news about industry awards – most of which are worthless – this one is notable, as it demonstrates how far BNY Mellon has come in the last three years. BNY Mellon has been named one of Fast Company’s Best Workplaces for Innovators for 2021. This annual…
RBS appoints Amelia Phillips as alts head in Lux
RBS International has appointed Amelia Phillips as its new head of alternatives client management & sales in Luxembourg. Prior to RBC, she spent five years at BNY Mellon, where she was responsible for servicing the bank’s depositary clients.
CIBC Mellon to support first JSPP in Ontario
CIBC Mellon has been selected to provide asset servicing, investment operations and plan member services for the University Pension Plan Ontario (UPP), including custody, institutional accounting, performance and analytics, risk, compliance and pension benefit payment services. UPP is a jointly sponsored pension plan (JSPP) designed to help bring enhanced retirement security to current and future…
Grayscale adds BNY Mellon as key servicing provider
Grayscale Investments, the world’s largest digital currency asset manager with >USD30bn AuM, has selected BNY Mellon as an asset servicing provider for Grayscale Bitcoin Trust, its flagship product. BNY Mellon will provide Grayscale Bitcoin Trust with fund accounting and administration effective October 1, 2021. Additionally, it is anticipated that BNY Mellon will provide transfer agency…
NPS renews agreement with State Street
The National Pension Service of Korea, the world’s third largest pension fund, has renewed its service agreement with State Street, which will continue to provide back-office and middle-office services for the NPS’ global equity and alternatives portfolios which have KRW222trn (USD195bn) and KRW49trn (USD43bn) AuM respectively. State Street has been providing custody, fund accounting, performance…