William Smith Joins JPMorgan Worldwide Securities Services as Head of Securities Lending Sales in Western Hemisphere

"Bill’s appointment underscores our commitment to growing the business and delivering best-in-class products, services and technology to clients. We are delighted that Bill has joined us to direct this effort," said Sandie O’Connor, global head of JPMorgan’s Securities Lending and Execution Products business.

Smith will be based in New York and report to Paul Wilson, recently appointed Global Client & Sales Executive of JPMorgan’s Securities Lending and Execution Products business.

"Our clients and businesses will benefit greatly from Bill’s deep knowledge of securities lending, extensive experience in building successful business management teams and track record for innovation and market savvy," Wilson said.

Bill Smith added: "JPMorgan is often the first point of call since it has one of the largest and most stable books in the global securities lending industry. We will ensure that beneficial owners and investors are fully aware of the firm’s full range of capabilities, and we will be reaching out to underscore the talent, diversity and strength that make JPMorgan such a well recognized brand in the industry."

Smith has more than two decades of business management experience in securities lending, collateral and cash management and capital markets. He has held several key positions in securities lending including managing director at HSBC Bank USA, NA and at Deutsche Bank, AG. At Deutsche Bank, he managed securities lending professionals located in New York, London, Frankfurt, Milan, Mumbai, Hong Kong and Tokyo.

The JPMorgan securities lending client management team in the Western Hemisphere also includes: John Gaudioso, head of financial institutions; Robert Betz, head of pension and endowments and Chris Kunkle, head of global investment managers.

For more information on JPMorgan’s Securities Lending and Execution Products go to www.jpmorgan.com/visit/slep.

About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $13.9 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world’s largest institutional investors, alternative asset managers and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services. For more information, please visit www.jpmorgan.com/wss.