NEW YORK - Bank of New York Corp. has hired Benjie Fraser to be managing director and deputy head of European sales.

Mr. Fraser, who was the head of pension fund sales in the United Kingdom for State Street Bank and Trust Co. of Boston, is to sell Bank of New York's custody administration, offshore trusteeship, and securities processing services in Europe. He is based in London. The appointment took effect Oct. 10.

Compiled by Matt Ackermann

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