20 August 2013
Frankfurt
Reporter: Jenna Jones

BNY Mellon boosts collateral workforce in Germany


BNY Mellon has appointed Gesa Benda as global collateral services product segment manager for clearing houses.

Based in Frankfurt, Benda will manage key clearing house relationships and drive the development of BNY Mellon’s global collateral services business in Europe.

Benda joins BNY Mellon from Eurex where she was head of derivatives clearing business development. She has also previously held roles at KPMG and Deutsche Bank.

She will report to Staffan Ahlner, managing director of global collateral services. Commenting on her appointment he said: “[Benda’s] appointment underlines our commitment to continuing to build our global collateral services business and grow its footprint in the EMEA region.”

“[Benda] brings with her a wealth of knowledge and a proven ability to manage key relationships and drive growth, which will be invaluable as we execute our global business strategies.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
J.P. Morgan and Citi collaborate on truePTS post-trade platform
15 December 2017 | New York | Reporter: Zsuzsa Szabo
The New-York-based startup processes ecosystem for the global $700 trillion derivatives market
SIFMA: US market requires improved CCP access
15 December 2017 | Washington DC | Reporter: Jenna Lomax
The Dodd-Frank Act has increased the need for US firms to have access to non US swaps trading venues and central counterparties, according to paper by FIA and SIFMA
France raises spectre of European financial transactions tax
15 December 2017 | Paris | Reporter: Jenna Lomax
French President Emmanuel Macron and several ministers have dismissed concerns over the negative effect of an EU financial transactions tax on securities lending revenue
Vekaria exits Credit Suisse
14 December 2017 | Dublin | Reporter: Zsuzsa Szabo
Head of Credit Suisse's Dublin branch Manish Vekaria has left the bank
Cerberus hires new managing director
14 December 2017 | New York | Reporter: Jenna Lomax
Kimmel was previously global head of prime services at Cantor Fitzgerald
SMEs to face new research costs under MIFID II
14 December 2017 | Frankfurt | Reporter: Zsuzsa Szabo
Research services for SMEs will no longer be free of charge when MiFID II comes into force on 3 January 2018
Hedge funds in sprint finish for record-breaking returns in 2017
14 December 2017 | London | Reporter: Drew Nicol
Hedge funds are on track for their best annual revenue since 2013 with average returns of 7.7 percent, according to eVestment research