State Street names new head of UK trustee and depositary business
New role for Mark Westwell, known for leading the industry response to the FCA’s ‘Dear CEO’ letter on outsourcing for asset managers.
New role for Mark Westwell, known for leading the industry response to the FCA’s ‘Dear CEO’ letter on outsourcing for asset managers.
The depositary-lite model is likely to evolve as regulations change in the industry.