21 November 2013
Reporter: Daniel Jackson

BNY Mellon expands global collateral services team

BNY Mellon has hired James Day, Stephen Kiely and Paul Cook to join its expanding global collateral services team in Europe, the Middle East and Africa.

All three executives will be based in London and report to Jeannine Lehman, head of EMEA for global collateral services.

Lehman said: “Day, Kiely and Cook bring extensive industry experience and skills to our strong and growing global collateral services team. BNY Mellon continues to invest in the collateral services, products and solutions that support our clients as they continue to grapple with extensive marketplace and regulatory change.”

Kiely, managing director and head of securities lending sales and business development, joins BNY Mellon from Citigroup where his responsibilities included securities finance client management and sales. His previous career experience includes roles with Swapswire, HVB Corporates & Markets, UBS and Bank Austria Creditanstalt.

Day will become managing director and head of securities finance in EMEA. He will also report to James Slater, global head of securities financing for the bank.

Day joins BNY Mellon from UBS, where he served as executive director of UBS Investment Bank.

Cook, managing director, relationship executive and head of secured finance sales, joins from Solo Capital, where he was responsible for equity finance trading.

At Solo Capital, Cook also coached the sales and execution teams, contributing to the strategic planning and direction of the business, profit generation and client relationships. Prior to that, he held leadership roles with HSBC, Rabobank International and Salomon Smith Barney.

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