Moody’s Corporation announced several senior-level appointments within Moody’s Investors Service, Inc., the company’s major operating subsidiary, and Moody’s Corporation. Raymond W. McDaniel has been named President, Moody’s Investors Service and will manage Moody’s global ratings and research businesses. Mr. McDaniel joined Moody’s Structured Finance Group in 1987. He became the managing director for the company’s European business in 1992 and assumed responsibility for the entire International Department in 1996. Moody’s also elevated five current executives to Senior Managing Director of Moody’s Investors Service. Reporting to McDaniel are Brian Clarkson, Michael Foley, Christopher Mahoney, Chester Murray and Debra Perry.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.