MUFG hires Leonard Buccellato as head of trade support
26 October 2021 US
Image: CK/stock.adobe.com
Mitsubishi UFJ Investor Services (MUFG) has appointed Leonard Buccellato as first vice president where he will oversee the firm’s trade support group.
Based in New York, Buccellato will be a part of the new global securities lending solutions team within Mitsubishi UFJ Trust and Banking Corporation (MUTB). He will report to Anthony Toscano, head of North American global securities lending solutions at MUFG.
Prior to this position, Buccellato spent almost 24 years at Deutsche Bank as vice president and is one of several DB hires to transition over to the Japanese financial services company.
In the span of a year, DB employees including Jim Aris, Thomas Ryan, Christopher Morley, Charlotte Clode and more have followed Tim Smollen, global head of global securities lending solutions, after his own move to MUFG in January 2020.
Commenting on the announcement, Toscano says: “There are few who know the complete operation of a non-custodial securities lending business like Lenny. His career has been instrumental in the building and efficient operation of several agency securities lending businesses. Having worked with Lenny for almost 30 years, he is most certainly our gain as we continue building the premier securities financing business.”
Based in New York, Buccellato will be a part of the new global securities lending solutions team within Mitsubishi UFJ Trust and Banking Corporation (MUTB). He will report to Anthony Toscano, head of North American global securities lending solutions at MUFG.
Prior to this position, Buccellato spent almost 24 years at Deutsche Bank as vice president and is one of several DB hires to transition over to the Japanese financial services company.
In the span of a year, DB employees including Jim Aris, Thomas Ryan, Christopher Morley, Charlotte Clode and more have followed Tim Smollen, global head of global securities lending solutions, after his own move to MUFG in January 2020.
Commenting on the announcement, Toscano says: “There are few who know the complete operation of a non-custodial securities lending business like Lenny. His career has been instrumental in the building and efficient operation of several agency securities lending businesses. Having worked with Lenny for almost 30 years, he is most certainly our gain as we continue building the premier securities financing business.”
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