Mr. Joynt succeeds Robin Monro-Davies who is retiring after more than 25 years in the credit ratings business. Mr. Monro-Davies will continue to serve as a member of the Fitch and FIMALAC Board of Directors. Mr. Joynt joined Fitch in 1989 as an original member of the team that acquired and restructured Fitch Investors Service. In 1994, he was promoted to President, and in January 1997, he became the Chief Operating Officer, which extended his management to the performance of all of the company’s key business areas.
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.