May 19, 2013 3:28 AM ET

Capital Markets

Company Overview of The Depository Trust & Clearing Corporation

Company Overview

The Depository Trust & Clearing Corporation, through its subsidiaries, provides clearing, settlement, and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments, and over-the-counter derivatives. It offers central securities depository, settlement, and related services to members of the securities, banking, and other financial industries; securities trade comparison, netting, clearance, settlement, and risk management services to the financial community; and automated real-time trade comparison, netting, settlement, trade confirmation, risk management, and electronic pool notification services to the members of th...

Detailed Description

55 Water Street

New York, NY 10041

United States

Phone:

212-855-1000

www.dtcc.com

Key Executives for The Depository Trust & Clearing Corporation

Chief Executive Officer
Age: 54
Executive Chairman and Chairman of Board Risk Committee
Age: 55
Chief Financial Officer
Age: 54
Chief Executive Officer of Fixed Income Clearing Corporation
Managing Director
Compensation as of Fiscal Year 2012.

The Depository Trust & Clearing Corporation Key Developments

Peter Tierney Joins The Depository Trust & Clearing Corporation as Regional Head of Asia, DTCC Deriv/SERV

The Depository Trust & Clearing Corporation announced the appointment of Peter Tierney as Regional Head of Asia, DTCC Deriv/SERV LLC. Tierney will be based in Singapore, and serve as head of business operations in Asia. He will report to Stewart Macbeth, CEO, DTCC Deriv/SERV LLC.

The Depository Trust & Clearing Corporation Announces New Board Appointments

The Depository Trust & Clearing Corporation (DTCC) announced the addition of five regarded and recognized leaders in global finance to its Board of Directors. Following the annual shareholders' meeting on April 18, 2013, the newly elected Board members are: Robert L.D. Colby, Chief Legal Officer, FINRA; Paul H. Compton, Co-Chief Administrative Officer for the Corporate & Investment Bank and Deputy Head of Operations, JPMorgan Chase; David C. Crawford, Executive Vice President and Head of Global Transaction Banking Services, State Street; Suni P. Harford, Managing Director and Regional Head of Markets for North America, Citigroup; and Mark D. Linsz, Corporate Treasurer, Bank of America.

The Depository Trust & Clearing Corporation Expands Tampa Operations

The Depository Trust & Clearing Corporation announced that it has chosen Tampa as the expansion location for up to 255 high-wage, new jobs with total average compensation more than double the regional average salary of $46,000. In addition, the company announced a $4.8 million investment in its only Florida campus as part of the company's long-term expansion strategy. The company's Tampa office started as a redundant operations center and now it serves as a fully integrated business center. With the expansion plans and investment in the Tampa campus, the company will continue to improve its technology, facilities and resources needed to provide secure transactions for clients.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 5, 2013
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