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Standard Chartered rolls out new Financing and Securities Services unit

Friday 27 March 2020 10:41 CET | News

Standard Chartered has announced that it is combining Securities Services with Portfolio Risk Management in the Financial Markets business to form the new Financing and Securities Services.

Financing and Securities Services will include all existing Securities Services activities including Custody, Clearing, Fiduciary and Fund Services, and Securities Lending, as well as all Portfolio Risk Management activities across Prime Services, Money Markets, Central Funding Desk, Credit Valuation Adjustment and the Modelling and Analytics Group.

Margaret Harwood-Jones, currently Global Head of Securities Services, will co-head the new unit with Emmanuel Ramambason, currently Global Head of Portfolio Risk Management. Both Margaret and Emmanuel will report to Roberto Hoornweg, Global Head of Financial Markets.

This combination aims to enhance the synergy between Financial Markets and Transaction Banking within the bank’s Corporate, Commercial and Institutional Banking business.

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Keywords: Standard Chartered, Securities Services, Portfolio Risk Management, Financial Markets, Singapore
Categories: Banking & Fintech | Payments General
Countries: Singapore
This article is part of category

Banking & Fintech