Ultimus Fund Solutions, a U.S.-based provider of fund services, has hired Gail Zess as VP of relationship management, and Catherine (Catie) Pfeifer as AVP of control accounting. Both join from U.S. Bank.
Category: Bank Providers
Neuberger leaves U.S. Bank
Joe Neuberger, president of U.S. Bank’s global fund services business, has left to pursue an external opportunity. Neuberger spent 28 years at U.S. Bank. Whilst the bank searches for a replacement, Christine Waldron, chief product officer for the Wealth Management & Investment Services unit (WMIS), will act as interim head. This follows the news that…
HSBC appoints director of strategic initiatives
Ed Turner has been appointed as director of strategic initiatives for HSBC’s investor services business. He will be responsible for driving efficiencies, opportunities and business growth across the inserv business through partnerships, adoption of technology and execution of key initiatives. This follows his relocation back to the UK from Hong Kong where he was previously…
IQ-EQ hires from RBC I&TS
Samuel Kuborn has joined IQ-EQ as regional chief operating officer for continental Europe, based in Luxembourg. He previously spent nearly 13 years at RBC Investor & Treasury Services.
Cureton moves to SS&C
Stuart Cureton has joined SS&C in the UK as a sales director for the asset and wealth management businesses. He spent more than five years at SGSS, and has also worked at HSBC.
CACEIS signs MoU with RBC
CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, has signed a memorandum of understanding with Royal Bank of Canada for CACEIS to acquire the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. This would include custody, global custody FX, fund administration, transfer agency, middle…
CIBC Mellon wins First Nations mandate
CIBC Mellon has been selected to provide asset servicing to the First Nations Market Housing Fund (FNMHF), including institutional accounting, custody services, and investment information data access via the enterprise NEXEN platform. FNMHF was developed with input from First Nations communities and organisations across Canada to support financing arrangements for housing on reserve and settlement…
Capitolis and State Street launch FX post-trade optimisation
TradeNeXus, a GlobalLink digital platform for FX transactions which is part of State Street’s digital division, has partnered with Capitolis, a fintech focused on capital markets, to launch an automated post-trade solution to optimise portfolios. With this integrated offering, buy-side firms can use TradeNeXus to automate data submission and access Capitolis’ analytics tools to scan…
BNP Paribas promotes Christelle Ybanez
Christelle Ybanez has been appointed head of global relationship management for the securities services business of BNP Paribas. Based in Paris, she is responsible for the global relationship management team servicing its largest securities services’ clients headquartered in France. Ybanez was previously head of asset owners & managers strategy & planning. She has been with…
HSBC facilitates first QFI derivatives trades in China
HSBC has facilitated a number of market firsts following China’s progressive opening of its onshore derivative markets to qualified foreign investors (QFIs). On 11 October, HSBC facilitated the first commodities futures trade in the market. The trade was placed by a QFI hedge fund, which has been actively investing in China and using HSBC as…