ABN AMRO has moved to build its presence in the European Commercial Mortgage Backed Securities (CMBS) market with the appointment of David Newby in a dual position as Head of European CMBS and Head of UK & Irish Asset Securitisation, both new roles. Newby joins from UBS Warburg in London where he was a Director of Asset Backed Finance since 1994. He has led high-profile transactions for a wide range of issuers including British Land, Bradford & Bingley, NPI and Bank of Ireland. Nehal Farooqui has also been recruited from Royal Bank of Scotland and both will report to Mike Nawas, European Head of Asset Securitisation.
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.