Fritz Klein has been elected as the new Chairman of the Board of Directors of CLS Group and CLS Bank International (CLS Bank). Klein is currently an Executive Director and Head of Group Services & Strategic Projects at SIS Group. He succeeds Suzanne Labarge, Vice Chairman at Royal Bank of Canada, who has chaired the CLS Group and CLS Bank since June 2001. During her tenure, Labarge has seen the CLS Group through the most important and critical period in its development, culminating in the successful launch of the CLS Bank service in September 2002.
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.