New York Fed Names Michelle Neal as Head of Markets Group

The Federal Reserve Bank of New York named Michelle Neal head of its markets group, beginning in March.

Neal is currently the chief executive officer of operations at LedgerEdge, a London-based global trading platform built on distributed-ledger technology. Prior to her current role, Neal worked as a banker at the Royal Bank of Canada. RBC hired Neal in 2019 from Bank of New York Mellon Corp., and she’s also held senior leadership roles with Deutsche Bank AG and Nomura Holdings Inc.

The markets group implements market operations consistent with Federal Open Market Committee directives, analyzes global financial market developments and ...