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Face to Face: Peter Economou State Street

14 May 2010

State Street’s Peter Economou talks about regulation, central counterparties, cash reinvestment, and how coaching basketball can be similar to leading a team of investment professionals

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Global Investor/isf: How did you feel when Craig Starble left and you got the big job?

 

Peter Economou: Craig was an outstanding individual and mentor who added a lot of value to our organisation during his time here.  I was honored to be tapped as his successor.

 

The promotion was clearly something that I was prepared  for  and it was great to become part of the executive management team.

 

Global Investor/isf: You have been in the headlines, like many in the industry, because of clients’ collateral reinvestment issues. Are those issues now behind the industry?

 

PE: First, let’s not forget that we have lived through some remarkable times in the financial markets and as an industry, securities lending agents have managed the resulting regulatory, liquidity and valuation issues extremely well.  Given the significant, although I believe...


 

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