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People moves news

EXCLUSIVE: Gaspar joins Charles Schwab


19 April 2016 New York
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
Lauren Gaspar has joined Charles Schwab as managing director of securities lending.

According to Charles Schwab, Gaspar will allow the US broker to offer additional market insights, enhanced relationships with counterparties and improved short sale and fully paid products for its clients.

The firm's securities lending team is based in San Francisco but Gaspar will remain in New York to provide a "feet on the street presence" for the company.

Gaspar spent the last 11 years at SunGard Securities Finance, now FIS, focused on data analytics and reporting products.

Most recently, she led the North American relationship management group for FIS.

Gaspar will report to Howie Kennedy, vice president and head of securities lending at Charles Schwab.

Kennedy said: “Lauren Gaspar is universally respected across the securities finance industry, and known for her passion and integrity.”

Gaspar said: “I’m very excited to be joining the Schwab team. Schwab is a company which prides itself on providing superior client service, while continually challenging the status quo and creating value through innovation."

"I am looking forward to bringing these Schwab tenets to life in New York City, the city at the heart of the US securities lending business, and enhancing Schwab’s market perspective and position.”
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