BNY Mellon has hired James Day, Stephen Kiely, and Paul Cook to join its expanding global collateral services (GCS) team in the Europe, Middle East and Africa (EMEA) region.

BNY Mellon has hired James Day, Stephen Kiely, and Paul Cook to join its expanding global collateral services (GCS) team in the Europe, Middle East and Africa (EMEA) region.

Day will be head of EMEA securities lending; Kiely will be head of securities lending sales and business development; and Paul Cook will be relationship executive and head of secured finance sales,the firm said in a statement. All three executives will be based in London and report to Jeannine Lehman, head of EMEA for GCS.

Day joins from UBS where he served as executive director of UBS Investment Bank. Kiely was previously with Citigroup where his responsibilities included securities finance client management and sales. Prior to BNY Mellon, Cook was with Solo Capital where he was responsible for equity finance trading.

The new executives represent an initial wave of hiring for the growing GCS business and bolster the company’s securities lending and financing services within the region, the firm said.

As of 30 September 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration.