{"id":308617,"date":"2026-01-28T20:43:16","date_gmt":"2026-01-28T20:43:16","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/308617\/"},"modified":"2026-01-28T20:43:16","modified_gmt":"2026-01-28T20:43:16","slug":"bny-rejigs-leadership-to-strengthen-wealth-management-push","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/308617\/","title":{"rendered":"BNY rejigs leadership to strengthen wealth management push"},"content":{"rendered":"<p>Jan 27 (Reuters) &#8211; BNY <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/BK.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(BK.N), opens new tab<\/a> has tasked insider Adam Vos to oversee the push to strengthen its wealth and managed accounts offerings, the oldest U.S. bank said on Tuesday.<\/p>\n<p>Vos, who is now the global head of markets and a member of BNY&#8217;s executive committee, will become the global head of wealth solutions.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/finance\/bny-rejigs-leadership-strengthen-wealth-management-push-2026-01-27\/undefined?location=article-paragraph&amp;redirectUrl=%2Fbusiness%2Ffinance%2Fbny-rejigs-leadership-strengthen-wealth-management-push-2026-01-27%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>In the new role, he will oversee BNY Pershing&#8217;s clearing and custody services \u2014 including wealth management platform Wove \u2014 and BNY Archer\u2019s managed accounts business, bringing both businesses under a single leader.<\/p>\n<p>In 2024, the New York-based firm <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/deals\/bny-buy-archer-boost-managed-account-services-asset-wealth-managers-2024-09-05\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">bought Archer<\/a>, a technology-enabled service provider of managed account offerings, to expand its services to asset and wealth managers.<\/p>\n<p>&#8220;As the wealth landscape continues to expand and evolve, it\u2019s important that our leadership and structure evolve alongside our clients,&#8221; BNY CEO Robin Vince said.<\/p>\n<p>OTHER LEADERSHIP CHANGES<\/p>\n<p>Jim Crowley, a four-decade BNY veteran and the current global head of BNY Pershing, has been elevated to serve as the executive vice chair.<\/p>\n<p>Laide Majiyagbe, who joined the firm in 2021 from Goldman Sachs <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/GS.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(GS.N), opens new tab<\/a> and is currently BNY&#8217;s global head of liquidity, will become the global head of markets, replacing Vos.<\/p>\n<p>In her new role, Majiyagbe will oversee BNY\u2019s foreign exchange, fixed income and equities, liquidity and financing, and execution services businesses.<\/p>\n<p>BNY, <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/bny-fourth-quarter-profit-jumps-raises-profitability-targets-2026-01-13\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">earlier this month<\/a>, beat Wall Street estimates for fourth-quarter profit and lifted its return on tangible common equity target.<\/p>\n<p>The bank was founded in 1784 by Alexander Hamilton, a U.S. founding father further immortalized in a Broadway musical.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Pritam Biswas and Arasu Kannagi Basil in Bengaluru; Editing by Sahal Muhammed<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Jan 27 (Reuters) &#8211; BNY (BK.N), opens new tab has tasked insider Adam Vos to oversee the push&hellip;\n","protected":false},"author":2,"featured_media":308618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[82519,82499,82758,131104,36586,85715,85716,88928,85718,79,82500,82795,82530,107640,82528,82531,18,32356,97937,82503,19,82766,82767,94731,17,82768,82565,82524,234,235,88930,82510,83002,107,129959,151187,93085],"class_list":["post-308617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-amers","tag-bact","tag-bisv","tag-bisv08","tag-biz","tag-bnk","tag-bnks","tag-boss1","tag-bsvc","tag-business","tag-cmpny","tag-cprod","tag-destocabsm","tag-destoukaj","tag-destoukbsm","tag-destousbsm","tag-eire","tag-fin","tag-fine1","tag-fins","tag-ie","tag-invbis","tag-invm","tag-invm1","tag-ireland","tag-mngiss","tag-mtpix","tag-namer","tag-personal-finance","tag-personalfinance","tag-pplmov","tag-publ","tag-pxp","tag-us","tag-wlth","tag-wlth08","tag-xpand"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115974675008909655","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/308617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=308617"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/308617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/308618"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=308617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=308617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=308617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}