State Street Global Markets Appoints New Head of Securities Finance for Europe Middle East and Africa

Thursday, April 16, 2015 2:43 pm EDT

Dateline:

London

Public Company Information:

NYSE:
STT

LONDON, April 14th, 2015—State Street Corporation (NYSE:STT) has appointed Alex Lawton to senior managing director and head of securities finance for State Street Global Markets in Europe, Middle-East & Africa (EMEA). He will be responsible for developing the securities finance business across the region whilst helping State Street’s clients to navigate the evolving regulatory framework. Alex will report to Rajen Shah, head of State Street Global Markets for EMEA and Lou Maiuri, global head of securities finance.

Alex has nearly 20 years financial services experience. Prior to joining State Street, he was at Barclays where he was the head of equity finance and equity prime services, EMEA. He has also held other senior roles including head of prime brokerage for EMEA at Bank of America and global head of structured equity trading at Dresdner Kleinwort. Alex is also a qualified charted accountant and associate of Chartered Institute for Securities and Investment.

Commenting, Lou Maiuri said, “Alex’s experience will be a great asset as we continue to develop our securities finance business in the face of the changing and challenging regulatory landscape. State Street is committed to developing tailored solutions to meet the specific needs of the securities financing industry and Alex’s appointment is testament to our continued focus on this important market segment.”  

Alex succeeds Don D’Eramo who after five years of heading up the securities finance team for EMEA, has decided to return to North America at the end of June 2015.

About State Street

State Street Corporation (NYSE: STT) is one of the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $28.19 trillion in assets under custody and administration and $2.42 trillion* in assets under management** as of December 31, 2014. State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s web site at www.statestreet.com.

* Please note that AUM totals are unaudited

**Assets under management include the assets of the SPDR® Gold ETF (approximately $27.3 billion as of December 31, 2014), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the distribution agent.

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