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24 November 2014
London
Reporter Becky Butcher

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Scorpeo brings in securities finance experts

Corporate actions specialist Scorpeo has recruited Chris Barrow and Jack McNally.

Barrow joins as head of business development, based in London, and managing director McNally will be based in the firm’s newly opened US office in Boston.

Barrow previously worked at HSBC where he was a managing director and global head of sales and marketing for prime finance.

Prior to joining Scorpeo, McNally worked for Lehman Brothers followed by Credit Suisse for 11 years in New York, Boston and Zurich, where he was managing director and global head of the managed securities lending business and head of prime services, Switzerland.

Matt Ruoss, CEO of Scorpeo UK, commented: “Attracting senior professionals of the stature of Chris Barrow and Jack McNally demonstrates the momentum and ambition we have as a firm.”

McNally added: “Scorpeo is developing a growing reputation as a service provider with compelling products to help tackle the missed value that can arise in corporate actions. This has undoubtedly become a much more high profile issue for US beneficial owners, asset managers and custodians, and with my colleagues in our new Boston office we’ll be making sure that Scorpeo can take hold of the opportunity and deliver something of real value to investors.”

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