14 June 2017
New York
Reporter: Drew Nicol
BNY Mellon names Salvage as global head of hedge fund services
BNY Mellon has secured Peter Salvage for its the newly-created role of global head of hedge fund services.

Salvage will lead and execute the long-term strategy to drive growth in BNY Mellon's hedge fund services business and work to further develop long-lasting partnerships for the bank in the alternative investment services industry.

He will report to Chandresh Iyer, CEO of BNY Mellon's global alternative investment services and structured products business.

Previously, Salvage served as managing director for SS&C and before that was Citi’s Europe, the Middle East and Africa head of hedge fund services, as well as the founder of Citi's over-the-counter derivatives and bank loan services.

Prior to his financial services career, Salvage was a broadcast journalist based in Berlin covering wars in Bosnia, Sierra Leone and Iraq.

"Peter Salvage brings extensive experience in hedge fund middle and back office services, innovation and technology," said Iyer.

"His deep knowledge and track record of results delivering business expansion strategies in the space, and his strong emphasis on understanding hedge fund client needs and innovation, will be critical for BNY Mellon in serving our expanding client base of hedge, credit and hybrid private equity funds.”

More people moves 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
Aon recruits Greg Korte for securities lending consulting
16 June 2017 | Chicago | Reporter: Drew Nicol
Greg Korte has joined insurance company Aon as a partner focusing on securities lending and trust/custody consulting
Baker McKenzie welcomes Michael Huertas as counsel
16 June 2017 | Frankfurt | Reporter: Drew Nicol
Michael Huertas has joined Baker McKenzie's banking and finance practice as counsel
BNY Mellon names Salvage as global head of hedge fund services
14 June 2017 | New York | Reporter: Drew Nicol
Peter Salvage previously worked at SS&C and Citibank
Ferreira steps up to lead US equity finance trading at Nomura
05 June 2017 | New York | Reporter: Mark Dugdale
Ferreira was promoted following the appointment of Tom Rafferty from Citi in March
DTCC will align its Global Trade Repository, Trade Information Warehouse and DTCC-Euroclear GlobalCollateral businesses under a single portfolio led by Childs
BNY Mellon boosts Markets CEO to executive committee position
02 June 2017 | New York | Reporter: Stephanie Palmer
Michelle Neal, CEO of BNY Mellon Markets, is set to join the bank’s executive committee
Frankfurt Stock Exchange gains new chair
02 May 2017 | Frankfurt | Reporter: Drew Nicol
Michael Rüdiger is set to become the new chair of the Frankfurt Stock Exchange