State Street beefs up cash management division

State Street Global Advisors, the investment management arm of State Street Corporation, has appointed Nick Pidgeon as investment manager in its cash management division.

He joins the firm from Merrill Lynch Investment Managers, where he was assistant vice president, managing MLIM's institutional liquidity money market funds. At MLIM he headed up a team of three.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

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