Consulting firm Sionic hires Monahan to run asset servicing unit

October 8, 2019 8:12 AM EDT

NEW YORK (Reuters) - Sionic has hired James Monahan from Morgan Stanley to run the consulting firm's new global asset servicing team, according to a statement on Tuesday.

Monahan was previously co-head of Morgan Stanley's global institutional asset servicing line teams, and is a specialist in operations and risk management, Sionic added.

(Reporting by David French, editing by Louise Heavens)

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