BNY Mellon Asset Servicing has appointed two new securities lending staff in London. Sean Greaves joins as a Product Specialist focused on securities lending sales initiatives, while Clare Bromiley-Carmen joins the client service team. Greaves joins from Citigroup, where he was Relationship Manager, Securities Finance, with responsibility for a range of European lender relationships, including pension funds, insurance companies, banks and central banks. Prior to that he held roles at BNP Paribas Securities Services in Frankfurt, Chase Manhattan Bank and Morgan Stanley Dean Witter. Bromiley-Carmen was formerly at Royal Bank of Scotland, where she was Manager, Equity & Stock Lending, with project responsibilities that covered trading, trade support, collateral management (including triparty), client services, settlement and network management. She previously worked for Deutsche Bank and Morgan Stanley among others.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
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