This new position, which will be based in New York, combines two existing positions — CEO for North America and CEO for Latin America. The appointment will be effective January 1, 2002. McCabe was previously Regional Head of Credit for North East Asia, and has been in this role since December 2000. Prior to joining Standard Chartered Bank a year ago, he was with Bank of America for 23 years, where he most recently served as President/General Director, based in Mexico. An American citizen, McCabe has held a variety of roles including Corporate Banking, Risk Management and Country Management and has broad-based product knowledge. He has lived and worked in Latin America, the United States, Taiwan, Thailand and Hong Kong, and is fluent in both Spanish and Portuguese.
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.