About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

State Street Appoints Craig Butterworth to Head of Fixed Income Sales for Europe, Middle East and Africa

Subscribe to our newsletter

State Street Corporation, one of the world’s leading providers of financial services to institutional investors, today announced the appointment of Craig Butterworth to head of fixed income sales for Europe, Middle East and Africa.

Butterworth will lead State Street Global Market’s fixed income sales team and will be responsible for expanding its rates business with new and existing clients.

State Street Global Markets launched its fixed income rates business in 2010 in response to market demand and opportunities for integrated and diversified trading strategies. The business, which provides fixed income rates trading and sales coverage to institutional clients now has more than 60 front office professionals, primarily based in the UK and US.

“It is truly exciting to join State Street‘s fixed income rates business. I believe that with the combination of State Street’s unique investor behaviour research and existing client relationships we are on course to build a full service global rates business in the years ahead,” commented Butterworth. “We have a strong sales team in place who stand ready to provide our clients with a full range of services to meet their needs.”

Craig joins State Street from Royal Bank of Scotland (RBS) where he spent seven years and most recently held the position of managing director, head of Flow Rates Sales, UK Funds and Hedge Funds. Prior to RBS Craig worked at Goldman Sachs within the Fixed Income UK Fund Sales Desk.

Commenting on the appointment, Steve Smit, head of State Street’s Global Services and Global Markets businesses in the UK, Middle East and Africa said, “We are delighted that Craig has joined State Street, he has a strong track record within fixed income sales. We believe that State Street is perfectly positioned to capitalise on market opportunities given our global trading infrastructure, strong expertise, proprietary research and access to deep liquidity.”

Craig will be based in London and will report to Jon Thoresen, head of fixed income rates for Europe, Middle East and Africa, and Peter Turk, global head of fixed income sales.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Date: 17 September 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening...

BLOG

Holistic Conduct & Surveillance: Unifying Trade, Voice, and eComms Data with AI

Holistic surveillance is moving beyond data integration towards an operating model that can surface cross-channel evidence, assign escalation ownership, govern approved channels, organise analysts around risk and keep AI-supported triage accountable to experienced human review. That was the central message of A-Team Insight’s recent webinar, Holistic Conduct & Surveillance: Unifying Trade, Voice, and eComms Data...

EVENT

RegTech Summit New York

Now in its 10th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Corporate Actions Europe 2010

The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...