The leading knowledge platform for the financial technology industry
The leading 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

Recorded Webinar: High Performance Technologies for Electronic Execution

Don’t miss this opportunity to view the recording of this recently held webinar. When firms pursue higher performance in the electronic trading execution technology they use, they must consider the exchange and trading venue landscape as the context for their approach. Their approach can be accomplished in-house or with support from providers, which can be...

BLOG

Charles River Names Caroline O’Shaughnessy as Head of EMEA

Charles River Development (CRD), a State Street Company, has appointed Caroline O’Shaughnessy as senior vice president and head of EMEA with responsibility for all business oversight within the region and collaboration with State Street Alpha, State Street’s global front-to-back office platform. O’Shaughnessy joins CRD, provider of the Charles River Investment Management Solution, from the London...

EVENT

Data Management Summit Europe Virtual (Redirected)

The Data Management Summit Europe Virtual brings together the European data management community to explore the latest challenges, opportunities and data innovations facing sell side and buy side financial institutions.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...