Citi has launched Vote Connect Total, a digital proxy voting service provided by Proxymity, in Australia and New Zealand. As part of this arrangement, Proxymity will manage the full life cycle of proxy voting services for Citi clients in the ANZ markets. Proxymity Vote Connect Total is the digital proxy service powered by Proxymity’s investor…
Category: Bank Providers
State Street hires for senior Asian TA role
State Street has hired Aaron Ng as head of transfer agency client services & operations for Hong Kong & Japan, He is based in Hong Kong. He spent more than nine years with HSBC in Hong Kong, most recently as senior product manager, global distribution support & transfer agency services, before leaving in 2020.
SS&C hires State Street veteran
John Mason has joined SS&C in the UK as a sales director for the asset & wealth management sector. Mason previously spent nearly 25 years with State Street, most recently as a business development manager in Singapore.
RBC hires two senior managers for Canada
RBC has hired Kevin Lui as head of custody product. He left Citi earlier this year after nearly 29 years. Additionally, Marijana Jovanovic has recently joined as head of product transformation, Canada. She joins from Manulife, where she was most recently responsible for leading transformation of the corporate treasury function. Prior to this, she was…
U.S. Bank promotes two GFS managers
Following Linda Gorman’s recent departure, U.S. Bank has confirmed Didier Delvaux as head of its global fund services business in Europe. Delvaux is currently head of the Luxembourg operation. Ken Somerville is confirmed as head of global fund services in Ireland.
Clearstream hires new global head of collateral management
Gael Delaunay has joined Clearstream as global head of collateral management, based in Luxembourg. He was previously head of European collateral management at BNY Mellon.
THE LONG & WINDING ROAD
State Street has not had a good week. However much lipstick you put on a pig, it’s still a pig. State Street will be very relieved to see the back of this particular pig, preferably as a nice plate of bacon. Q3 earnings were modest at best, rescued by net interest income, which rose 36pct…
Yu joins HSBC
Clark Yu has joined HSBC as head of sales & client management for its securities services business across greater China, based in Hong Kong. He was previously at Allfunds.
Chakar leaves State Street
Nadine Chakar is to leave State Street. She joined from Manulife Investment Management in 2019 to run the bank’s global markets unit, and was subsequently appointed in 2021 to head the new digital business.
State Street opens in Chile
State Street has opened an office in Chile to support institutional clients in Latin America, with a focus on custody, fund administration and securities lending. Alberto Menendez will lead the Chile office, and act as sales representative for Chile and Peru. He will report to Maria Ximena Vasquez Barbosa, regional sales head for LatAm and…