Northern Trust has been selected by Wilmington Trust, N.A. to provide custody, fund accounting, fund administration, fund-of-fund administration, and transfer agency services for collective investment trust (CIT) funds with approximately USD90bn in total balances. Rob Barnett, EVP and head of intermediary sales at Wilmington Trust, said: “CITs continue to be an increasingly popular investment vehicle…
Category: Bank Providers
BNY Mellon hires senior RM from BBH
Jennifer Muzerall has joined the BNY Mellon relationship management team in the U.S. She was previously at Brown Brothers Harriman.
HSBC wins major AUS ETF mandate
HSBC has been appointed by ETF Securities for middle office, custody and fund administration services for its range of equity products. ETF Securities is Australia’s oldest independent provider of ETFs and has maintained a track record of market innovation since launching the world’s first gold-backed ETF in 2003.
RBC I&TS appoints global head of bus dev
RBC Investor & Treasury Services has appointed David Giannone as global head of business development and a member of the executive operating committee. In this newly created role, he will lead RBC I&TS’ global sales force. Prior to this appointment, Giannone was managing director and head of U.S. for RBC I&TS. He will continue to…
Ocorian hires global head of investor services
Ocorian, the C.I.-based provider of corporate, fiduciary and fund services, has appointed Don Ross as global head, investor services. He will report to Ocorian’s head of global funds, Garrett Breen. Ross was previously at J.P. Morgan, and has also worked for Quintillion.
HSBC appoints head of Ireland account management
HSBC has appointed Donal Mooney as head of account management, Ireland, for its securities services business. Mooney has been at HSBC for nearly 20 years, and was previously head of the client service office.
Rimes joins BBH Connectors
Rimes, a provider of data management and investment intelligence solutions to investors and asset managers, has joined BBH Connectors, the Brown Brothers Harriman platform featuring multi-provider, open architecture technology providers. Rimes joins other specialist third-party fintech and service providers that deliver expertise in areas like ESG data, insurance accounting, class action recovery services, and AI.
BNY Mellon hires senior talent (again) from BBH
Kris Dabrowiecki has joined BNY Mellon as a senior relationship manager within the banks, broker dealers, and insurance client segment. He joins from BBH, where he spent more than 12 years, most recently as relationship manager and sales manager for the global insurance business, covering the U.S. and Bermuda insurance and reinsurance markets.
Northern Trust hires CX specialist
Northern Trust has hired Andrea Istwan as head of client experience (CX) for the asset owners, Americas segment. She joins from Envestnet.
Zodia hires head of sales
Richard Clark has joined Zodia Custody as head of sales & partnerships. Zodia Custody, which is registered in the UK by the FCA as a crypto asset business, is owned by Standard Chartered in association with Northern Trust. Clark previously spent 15 years at Merrill Lynch.