New Deutsche Börse CEO to Serve for Three Years The next CEO for the Deutsche Börse will be Theodor Weimer from UniCredit Bank who will serve for three years, starting Jan. 1, 2018, according to the supervisory board of the exchanges and clearing company. The 57-year-old Weimer “will take over from CEO Carsten Kengeter who… Read More >>
SIX Board Picks New Group CEO
SIX Group Names Successor to Urs Rüegsegger The SIX Group board of directors has tapped Jos Dijsselhof to be the next Group CEO starting Jan. 1, 2018, succeeding Urs Rüegsegger who announced in May 2017 that he would be retiring from the company that encompasses exchanges, financial data and related businesses. The Group CEO news… Read More >>
DTCC Fills Key Equity Clearing Post
DTCC Hires from Options Clearing Corp. The DTCC, a post-trade market infrastructure services provider, reports that Michael McClain has joined as a managing director and general manager of equity clearing. McClain will be responsible for heading the “day-to-day equity clearing business operations and strategic initiatives,” and will report to Murray Pozmanter, managing director and head… Read More >>
Deutsche AM Fills Key Investment Strategist Post
David Bianco Tapped for Chief Investment Strategist for the Americas Deutsche Asset Management (Deutsche AM) has a new chief investment strategist for the Americas and head of equities in the U.S., David Bianco, who has been serving as the bank’s U.S. Equity Strategist since 2012, officials say. Bianco will be based in New York and… Read More >>
TA Associates Backs Management Buyout of GSAM Unit
TA Associates Backs Aussie-Focused Investment Capabilities and Fund Platform TA Associates, a private equity firm, reports that it has signed a definitive agreement to back a management buyout of Goldman Sachs Asset Management’s Australian-focused investment capabilities and fund platform. Financial terms of the transaction were not disclosed. The transaction is expected to close by year-end,… Read More >>
Barclays Bids Farewell to its IB CEO and Welcomes New COO
Barclays Also Welcomes a New Chief Operating Officer Tom King, the CEO of the Investment Bank at Barclays, will retire on March 4, 2016, after overseeing “a period of extraordinary change,” Barclays officials announced late last week. “After nearly 25 years in my career, and having now seen the Investment Bank through a period of… Read More >>
PIMCO Adds Distressed Credit EVP
Pimco Hires from Bayside Capital Pimco, the Newport Beach, Calif.-based investment management firm, reports that it has hired Lionel Laurant as an executive vice president and portfolio manager focusing on distressed credit strategies. He will be based in the London office, reporting to Marc Seidner, managing director and chief investment officer — non-traditional strategies. Laurent… Read More >>
SVP Takes Over at Fidelity ActionsXchange as Advent Sales Exec Joins DealVector
SVP Advances to Head of Fidelity ActionsXchange Will Dolan has moved from his post as senior vice president, brokerage products for Fidelity Institutional, to head Fidelity ActionsXchange, which offers solutions for global corporate actions and related market events, officials say. Fidelity Institutional is the clearing, custody and investment management products division of Fidelity Investments. Since… Read More >>
Another NYSE Technologies Exec Joins Options as Mariner Investment Group Hires from BlackRock
Another NYSE Technologies Exec Moves to Options A former NYSE Euronext executive Tim Yockel will join former NYSE Euronext and Wombat colleagues Danny Moore and Ken Barnes at the cloud services provider to the financial sector Options as the senior vice president of global sales, officials say. Yockel will lead Options’ sales and account management.In… Read More >>
Progress Software Clarifies CEO Transition as OpenGamma Staffs Up
Progress Software Keeps Interim CEO Philip M. Pead, who had been serving as the interim CEO for software development tools provider Progress Software Corp., has kept CEO title and taken on the role of president, say company officials. However, Pead will relinquish the interim executive chairman title, which goes to Jack Egan, who has been… Read More >>
