BBH appoints Investor Services relationship management head as general partner
Orla Foley began her career at BBH back in 1997, holding a variety of senior client-facing and risk management positions at the bank’s Dublin and Luxembourg offices.
Tag: BBH
Northern Trust picks up $8.7bn servicing mandate from Sanlam Asset Management (Ireland)
The asset management firm ends long-standing relationship with BBH, with Northern Trust now the single provider of servicing solutions.
Fireside Friday with BBH’s John Hooson
As active ETF strategies gain increasing traction in the market, John Hooson, managing director for BBH’s global ETF product team, explains how the business had had to evolve its service offering to cater for the influx of new business.
BBH names new co-heads of Krakow office
Pair of internal appointments will now oversee the service delivery and systems functions for the custodian’s operations in Poland.
Custody
State Street’s BBH acquisition ‘increasingly uncertain’, bank says
The bank also posts a 12.4% fall in servicing fees, continuing as the only top four custodian to post revenue declines from asset servicing this year.
BBH forms strategic partnership with bond ETF startup BondBloxx
As part of the partnership, the custodian and industry experts have joined forces to innovate the fixed income ETF market.
Events
Global Custodian’s fund services awards to return to New York on 18 November
Shortlist announced for annual Industry Leaders Awards which return to honour fund administrators and prime brokers through survey-related awards and Editors’ Choice categories.
Asset managers accelerate semi-transparent ETF fund launches
Nuveen and Putnam Investments have both launched their first actively managed, semi-transparent ETFs using the proxy model.
Plan BBH: How the custodian is facing up to merger talks, client exits and industry-wide pressures
Global Custodian goes under the hood of the Boston-based private bank to examine how it is seeking to retain business with existing clients, the challenges it faces from technology and regulation, and in the possibility that BBH does agree to sell the custody business, who could be in a position to strike a deal.
Custody
BBH and BNP Paribas Securities Services held merger talks last year – sources
BBH has been the subject of acquisition talks for a number of years, with Northern Trust also holding similar discussions in 2018 and 2019, Global Custodian understands.