Friday, 25 July 2014
Last updated 6 hours ago
Mar 5 2014 | 10:54am ET
The Bank of New York Mellon has promoted Frank La Salla to lead its hedge fund administration business.
La Salla was named CEO of alternative investment services. Previously, he was managing director at BNY subsidiary Pershing, in charge of its global business and growth effort.
La Salla succeeds Samir Pandiri, who has led the alts. business for the past two years. Pandiri remains CEO of asset servicing.
At Pershing, La Salla’s responsibilities have been taken on by others. He remains on the board of its British affiliate.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…