After several months of gardening leave, Michelle Butler has joined J.P. Morgan as head of sales, UK & Ireland, for its securities services business. Butler spent 13 years at HSBC, most recently as Europe head of business development & client management for its securities services business.
Category: HSBC
HSBC supports first QFI deal across BSE
HSBC has become the first international custodian to facilitate a QFI trade across the Beijing Stock Exchange placed by an offshore investor. The trade was placed by Samsung Securities Co. for its underlying product, Samsung RQFII Trust. Samsung Securities is a Korean broker/dealer which is active in China. BSE, which went live in November 2021,…
Sal Nayeer joins BNY Mellon
Salmaan (Sal) Nayeer has joined BNY Mellon in Hong Kong to head the front to back middle office product in APAC. He was previously at HSBC, where he was the APAC middle office product manager.
HSBC hires global head of investor services product
CP Yap, who was previously president and CEO of Computershare in Hong Kong, has joined HSBC as global head of investor services product, markets & securities services. He is based in Hong Kong, reporting to Sébastien Danloy, global head of investor services at HSBC, and Brian Godins, regional head of securities services, Asia & MENAT.…
HSBC hires Matt Bowen to head Americas securities financing
HSBC has hired Matt Bowen as head of securities financing, Americas. He is based in New York and reports to Loic Lebrun, global head of prime finance, and Jean-Michel Meyer, global head of repo. He joins from BNP Paribas where he was head of US prime finance platforms. HSBC’s securities financing business includes prime finance,…
HSBC launches multilateral provider platform
HSBC has launched HSBC MarketSpace, a platform that enables clients to access post-trade services and solutions from HSBC and third-party service providers. Users can choose and connect seamlessly to their preferred service providers, with the ability to select products and services best suited to their needs. Instead of having to establish and maintain a complex…
Michelle Butler leaves HSBC
Michelle Butler has left HSBC’s securities services business, where she was head of business development & client management for Europe. It is understood she will be moving to J.P. Morgan after a period of gardening leave.
HSBC supports Premia ETF launch on HKSE
HSBC has supported the listing of the Premia China STAR50 ETF on the Hong Kong Stock Exchange, with an initial launch size of RMB 204m (USD32m), HSBC has been appointed to provide trustee, global custodian, fund administrator, swap counterparty and cross border equity execution services for the fund.
China’s E Fund appoints HSBC to service Luxembourg UCITS
HSBC has been appointed by E Fund Management (Hong Kong) Co Ltd to provide servicing solutions for its existing Luxembourg UCITS. This expands HSBC’s servicing of E Fund’s current funds business beyond Asia, where HSBC acts as the depositary, custodian, transfer agent, fund administrator and corporate secretary of the E Fund Greater China High Dividend…
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.…