People Moves Monday: BNY Mellon, BlackRock, Tourmaline Partners and more…

The past week saw appointments across fixed income and equities, as well as the C-suite.

BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. Bianca Gould was appointed head of fixed income and equities EMEA, based in London. Gould joined BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronic sales and trading. Elsewhere, Kathleen Kinsella joined BNY Mellon as head of US fixed income sales, based in New York. Kinsella most recently served as head of US and Latin America fixed income sales at CIBC.

Paul Battams was named head of international equity trading at BlackRock following 23 years with the firm. He was most recently head of EMEA equity trading, overseeing a team of 14 traders covering the scope of equities and equity derivatives execution for the entirety of BlackRock’s investment teams. Prior to joining BlackRock as equity derivative trader in 2009, Battams was an equity trader at Barclays Global Investors for 11 years.

Following this, BlackRock appointed Nick Craze to take over from Battams as head of the EMEA equity trading desk.  Craze has been on the desk for more than 15 years and prior to this promotion oversaw the ‘model and derivatives group’ on the BlackRock EMEA equity desk since 2016. He will now manage the entire desk, made up of 14 traders, having previously managed a team of six. Craze joined the asset manager back in 2006, initially working in asset allocation and equity investments before becoming an equity trader.

Tourmaline Partners appointed Peter Murden as managing director – equity trading, as it seeks to further enhance its market reach, as revealed by The TRADE. In his new position, effective as of this month, Murden will be London-based and take on a client-facing role. Before the move to Tourmaline, Murden was a managing director at RBC Capital Markets and prior to this, spent 18 years at Redburn, most recently as a partner in equity trading, before departing following the Rothschild takeover in 2022. Murden has almost 30 years’ experience in the industry having worked several trading roles across the sell-side having begun his career at JP Morgan, then Flemings, back in 1994. His equity trading experience covers Asia, Europe, North America, and the UK.

Stephan Leithner has been appointed as the chief executive officer for Deutsche Börse, taking on the role from 1 October 2024. Leithner will take over the position from Theodor Weimer who has held the chief executive job since 2018. The two will operate as co-CEOs until the end of the year. Leithner has been a member of the executive board of Deutsche Börse AG since 2018, responsible for pre- & post-trading. Deutsche Borse said a decision on his succession will be made in due course. Weimer took over the chief executive role in 2018, moving over from his CEO position at HypoVereinsbank UniCredit Bank. During that time, he has overseen the acquisition of SimCorp and Axioma, among other initiatives such as a 10-year partnership with Google Cloud.