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Northern Trust has hired the former head of European cash equities at Citi for a senior role within its institutional brokerage division.
Glenn Poulter will join the Chicago-based bank’s capital markets team in a senior global markets role, the company announced on Thursday. He will be responsible for selling the company’s brokerage products and services to its clients around the world.
Prior to joining Northern Trust, Poulter spent two years as a director at strategic consultancy company Stratevolve, where he advised financial services companies on the implications of the EU’s updated Markets in Financial Instruments Directive.
Before that, and his time at Citi, he was chief executive for equities at Icap. He also had a brief stint at broker Oriel Securities in the early part of this decade after Icap wound down its equities business, and WH Ireland.
In 2014, as part of his studies for an executive masters in business administration, Poulter wrote a dissertation entitled Is UK stock broking a dying industry?
Poulter will report directly to Guy Gibson, the head of institutional brokerage in Europe, the Middle East, Africa and Asia-Pacific at Northern Trust Capital Markets.
Gibson said: “Glenn’s extensive knowledge on Mifid II and other financial regulations will be invaluable for clients across the globe as they navigate regulatory change and achieve the levels of transparency the markets seek.”
The brokerage until forms part of Northern Trust Capital Markets, a division of the bank’s corporate and institutional services business, which provides asset servicing options to fund managers, sovereign wealth funds, pension funds, foundations, endowments, insurance companies and government funds.
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