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08 May 2013
London
Reporter Georgina Lavers

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Darren Banks joins BNP Paribas from State Street

BNP Paribas Securities Services has hired Darren Banks to lead the development of the UK trustee and depository business.

James McAleenan, head of the UK at BNP Paribas Securities Services, said: “Banks brings a wealth of knowledge and expertise to our business and we are pleased to have him on board.”

“He will be responsible for growing the UK trustee and depository business enabling us to become the partner of choice and a differentiator by truly leveraging a pan-European approach to depository services rather than the traditional UK-centric view.”

Banks joins from State Street Trustees. In his 12 years at the bank, he held various roles and was involved in the strategic development of the business arising from regulatory developments in Europe and the UK.

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