ASSET SERVICING
UBS agreed to sell a 51% stake in its fund distribution platform to Clearstream, as UBS seeks to focus on its asset management business.
Tim Smollen was named global head of global securities lending solutions at MUFG Investor Services.
GPIF's halt of international stock lending puts it at the tip of the spear in promoting stewardship standards for voting shares.
Christine Lange was named head of customer solutions for institutional retirement plan services at Prudential Retirement.
Jane Mancini was named head of sales for asset servicing Americas at Bank of New York Mellon.
Mat Cook and Rob Dixon were named senior transition managers at Northern Trust Corp.
Tina Wilson was named senior vice president and chief product officer at Empower Retirement.
Samir Pandiri, global CEO of BNY Mellon's asset servicing division, has been named president of Broadridge International.
Ascensus has agreed to buy TPA firm Pension Strategies to gain a footfold in the Arizona market.
Broadridge Financial Solutions has entered into a purchase agreement to acquire the retirement plan custody and trust assets from TD Ameritrade Trust Co.
