08/06/03
LONDON, August 6, 2003 - The Bank of New York announced today that Karin Russell-Wiederkehr has joined BNY Securities Group as managing director and head of G-Port European sales, based in London.
Providing global agency portfolio trading, with expertise in more than 80 markets worldwide, G-Port is part of BNY Securities Group and a division of BNY Securities Limited.
Before joining G-Port, Ms. Russell-Wiederkehr served as an executive director for sales and marketing at Morgan Stanley & Co. International in London. In that role, she focused on Morgan Stanley’s transition business and portfolio products, with a particular emphasis on its program trading desk. She brings to G-Port extensive industry knowledge with more than 13 years experience in the international equity markets. Ms. Russell-Wiederkehr received a bachelor’s degree in business and finance administration from The Business and Finance College in Switzerland.
"We are very pleased to have someone of Karin’s caliber and experience join our senior management team," said Jonathan D. Slone, president of G-Port. "Karin’s proven sales and marketing experience will serve G-Port well in providing the highest quality service to our client base."
BNY Securities Group, a business unit composed of several broker-dealers and other companies, is the global agency brokerage, clearing and financial services outsourcing sector of The Bank of New York that provides "The Power of Choice" through business models that offer innovative solutions in trade execution, securities clearance, commission management and independent research to institutions, broker-dealers and corporations. BNY Securities Group is the largest provider of commission management services, has 27 New York Stock Exchange seats, and offers global execution and clearing services in over 80 markets with offices in the U.S., Europe, Asia, and Australia. G-Port operates in the United States as a division of BNY Clearing Services LLC, a wholly owned subsidiary of The Bank of New York; in the United Kingdom as a division of BNY Securities Ltd.; in Hong Kong as a division of The Bank of New York Hong Kong Branch; and in Bermuda as a division of G-Trade Services Ltd.
The Bank of New York Company, Inc. (NYSE: BK) is a global leader in securities servicing for issuers, investors and financial intermediaries. The Company plays an integral role in the infrastructure of the capital markets, servicing securities in more than 100 markets worldwide. The Company provides quality solutions through leading technology for global corporations, financial institutions, asset managers, governments, non-profit organizations, and individuals. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has a distinguished history of serving clients around the world through its five primary businesses: Securities Servicing and Global Payment Services, Private Client Services and Asset Management, Corporate Banking, Global Market Services, and Retail Banking. Additional information on the Company is available at www.bankofny.com.
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