Short Takes: BT Hires Head of Citi's Europe Trade Services

Yakut Akman has joined Bankers Trust Corp.'s global institutional services unit in London as a managing director for securities and accounting operations and client services for the United Kingdom and Ireland.

Ms. Akman was director of Citibank's European Trade Services in London. She will be responsible for administering $150 billion of assets under custody and providing fund accounting services for $20 billion in funds.

Bankers Trust's global institutional services unit includes global asset management services, corporate trust and agency services, and cash and trade services. The banking company has more than $335 billion of assets under management and $2 trillion of global assets under custody.

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