IQ-EQ, the Luxembourg-based administrator, has hired industry veteran John Gout as Continental Europe sales director for funds & institutional asset owners. He joins from BNP Paribas where he was a senior business development manager, responsible for sales management, client relationship development and project management. He has also worked at J.P. Morgan, Northern Trust and Citi.…
Category: Citi
ZILO raises GBP25m
ZILO, the UK-based fintech specialising in the global asset and wealth management sector, has completed a GBP25m (USD32m) Series A funding round. The fundraising, which was oversubscribed, was co-led by Fidelity International Strategic Ventures and Portage, with participation from State Street and Citi. In 2023 ZILO onboarded the first client to its global digital transfer…
Citi supports DFA ETF launch in Oz
Citi has launched its service in Australia to support dual-access, fully transparent ETFs. It has recently supported the launch of three dual-access ETFs on the ASX by Dimensional Fund Advisors, a U.S. manager that has been a Citi client since 2012.
Gen II hires bus dev MD
Gen II Fund Services, the independent private equity administrator, has hired Jeff Rosen as managing director of business development. Rosen joins from Ultimus LeverPoint, where he spent a year, and has also worked at Citco and Citi.
Citi appoints new FX head
Citi has appointed Diana Shapiro as global head of FX for its securities services business, based in New York. She was previously head of FX & collateral services for North & Latin America.
Salvage joins Amundi
Peter Salvage has joined Amundi Technology as global head of consulting relations and strategic partnerships. Salvage was most recently at Enfusion, and has also worked at BNY Mellon and Citi.
Citi shakes up securities services management
Following its corporate shake-up in September, Citi’s business units are now undergoing significant change. Under the continued leadership of Okan Pekin, the securities services business has already made some initial moves, with a number of senior management changes that align the unit with the corporate direction and structure. Some notable changes include: a new global…
Vistra appoints Lux country head
Frank Roden has joined Vistra as country head for Luxembourg. Roden spent 22 years at BNP Paribas. He replaces Jervis Smith, who took the post in 2019 after a long career at Citi.
Osman joins BNPP
Ali Osman has joined BNP Paribas as custody product manager and sovereign wealth fund specialist, based in the UK. Osman spent more than 15 years at Citi, most recently as director, global custody product management.
Citi invests in Transcend
Transcend, a U.S.-based provider of liquidity, funding, and collateral optimisation solutions, has onboarded Citi as its latest investor. The investment was made through Citi’s strategic investments arm. Citi’s funding will support Transcend’s ongoing global roll-out of its solutions. Citi as the third global bank to invest in the fintech firm. Additionally, a long-term business agreement…