Australian bank ANZ has appointed Steven Lotito as Regional Head, Commodity and Trade Finance for the Americas. Steven is responsible for defining and implementing the strategy for the International Trade Finance business across the Americas and to develop a platform for growth, which leverages ANZ’s strengths and global franchise. Steven has over 15 years’ experience in the trade finance business and joined ANZ in November 2004 from Absa Bank in New York where he was a Director of Structured Trade & Commodity Finance. Steven reports to Philip Gentry, Global Head of Trade and Transaction Services in Melbourne.
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.