Exclusive: Rajen Shah heads to State Street 15 July 2014London Reporter: Mark Dugdale
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Former Citi executive Rajen Shah, who left the bank approximately three months ago, has resurfaced at State Street, a source has exclusively revealed.
Shah has joined State Street as its head of global markets in Europe, the Middle East and Africa (EMEA), which includes agency lending, according to the source. State Street has confirmed his appointment.
He was previously global head of collateral management and EMEA head of securities finance at Citi.
Shah joined Citi from J.P. Morgan Chase, where he was a product executive for global custody, in 2010.
During his 14 years at J.P. Morgan Chase, he held a number of executive positions in areas such as clearance and collateral management, and derivatives.
Lou Maiuri was brought in to State Street late last year to lead securities finance at the bank.
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