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23 May 2024
US
Reporter Carmella Haswell

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MacDonald departs from State Street after three decades

Eric MacDonald has departed from State Street Bank and Trust, where he was most recently managing director and head of client management for North America within Prime Services.

MacDonald has held a 33-year-long career with the company, where he has taken on various leadership positions.

In 2007, he was part of the team that created State Street’s Enhanced Custody business, now recognised as Prime Services.

Previously, MacDonald managed the US equity trading desk in agency lending from 1996 to 2007.

He assumed responsibility for overseeing the US equity trading desk for North America, before transitioning to his role in client management in 1999.

MacDonald leaves the firm to pursue new opportunities.

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