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

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.

Related content

WEBINAR

Recorded Webinar: MiFID II: The Critical Need for a Strong Security Master to Meet Compliance

Don’t miss this opportunity to view the recording of this recently held webinar. Financial services firms are racing to meet the January 3, 2018 deadline for the EU’s Markets in Financial Instruments Directive II (MiFID II), perhaps the most profound regulatory overhaul of European financial markets for a generation. At the heart of MiFID II’s...

BLOG

Refinitiv CEO David Craig Leaves LSEG at End of 2021, a Year After LSEG Acquired the Company

David Craig, group head, data and analytics, and CEO at Refinitiv, who led the company through acquisition by the London Stock Exchange Group (LSEG) and is part of the integration of the organisations, will leave the group at the end of 2021. In the role of group head, data and analytics, he will be replaced...

EVENT

RegTech Summit London

Now in its 5th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...