Citi has appointed Mark England as head of securities services for Australia and New Zealand. He replaces Martin Carpenter, who retires after 13 years in the role. England, who is currently based in Hong Kong as head of custody & fund services sales for Asia Pacific, will relocate to Australia. He will retain his existing…
Category: Bank Providers
Zodia Custody links to Fireblocks
Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, has established a deal with Fireblocks, the U.S.-based provider of digital asset and crypto technology, to enhance Zodia’s’s connectivity offering and give institutional investors direct access to the Fireblocks network, a global crypto capital markets gateway. The integration will allow Zodia’s institutional clients to…
BNY Mellon veteran to head EDB
David Claus is to become the new CEO of European Depositary Bank, which has been owned by Apex since 2017. The Luxembourg-based bank provides depositary services for >USD300bn of client assets. Claus will join from BNY Mellon, where he spent more than 20 years, most recently as head of Luxembourg.
U.S. Bank hires CCO for Ireland
Tony O’Brien has joined U.S. Bank Global Fund Services as chief commercial officer for Ireland. O’Brien was previously at BNY Mellon, where he spent 25 years, most recently as a senior business development manager in Ireland.
State Street goes live in Singapore with Fund Connect ETF portal
State Street has gone live in Singapore with Fund Connect ETF, a global primary market ETF portal with access to more than 960 ETFs. Fund Connect ETF is an online fund portal for the creation and redemption of ETFs, designed as a single point of access for sponsors. The portal’s automated order placement solution and…
State Street Digital hires senior tech managers
State Street Digital has appointed Rob Otter as head of blockchain engineering and Nitin Gaur as digital technology strategy lead. Otter, based in London reports to Aman Thind, chief technology officer of State Street Digital. Gaur, based in Austin, Texas, will report to Otter. Otter joins State Street from JPMorgan Chase, where he was CTO…
CIBC Mellon partners with FRT
CIBC Mellon has formed a partnership with Financial Recovery Technologies (FRT), a provider of securities class action recovery services to the investment community. Through this collaboration, Canadian institutional investors will be able to subscribe for enhanced governance, recovery, and shareholder litigation solutions from FRT to help them navigate the complexities associated with class action claims…
Ocorian adds to U.S. bus dev team
Ocorian, the C.I.-based administrator, has appointed Ashish Prabhakar as head of business development and capital markets for the Americas. Based in New York, Prabhakar will report to Simon Behan, chief commercial officer. He was previously at HSBC.
State Street partners with Paxos in T+0 pilot
Paxos, the regulated blockchain infrastructure platform, has partnered with State Street to integrate State Street’s custody services into the Paxos Settlement Service. As part of the pilot, State Street was able to simulate the settlement and custody of shares on the Paxos platform and asset movements more efficiently. State Street was able to send settlement…
Northern Trust hires senior insurance banker
Mauricio Sandoval has joined Northern Trust as a senior sales representative focused on the insurance sector. He previously spent 23 years at BNY Mellon, most recently as a senior relationship manager in the banks, broker dealers and insurance group. He is based in New York.