Exclusive: Pascal Morosini leaves Clearstream
01 August 2016 Luxembourg
Image: Shutterstock
Clearstream global head of securities financing sales Pascal Morosini has resigned from his position, according to sources.
Morosini resigned on 29 July and will leave Clearstream today.
Philippe Seyll, head of investment fund services and global securities financing at Clearstream, reported the news to his team before the weekend.
Morosini has worked at Clearstream for more than 20 years. His departure follows Deutsche Börse Group’s decision to fuse the agency lending services of Clearstream, Eurex Repo and Eurex Clearing late last year to better serve large, fixed income lenders.
Clearstream promoted Richard Glen to senior vice president earlier this year, giving him responsibility for the Asia Pacific region, on top of securities financing sales in the UK, Ireland and the Americas.
Clearstream could not immediately be reached for comment.
Morosini resigned on 29 July and will leave Clearstream today.
Philippe Seyll, head of investment fund services and global securities financing at Clearstream, reported the news to his team before the weekend.
Morosini has worked at Clearstream for more than 20 years. His departure follows Deutsche Börse Group’s decision to fuse the agency lending services of Clearstream, Eurex Repo and Eurex Clearing late last year to better serve large, fixed income lenders.
Clearstream promoted Richard Glen to senior vice president earlier this year, giving him responsibility for the Asia Pacific region, on top of securities financing sales in the UK, Ireland and the Americas.
Clearstream could not immediately be reached for comment.
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