Capco has launched its Canadian operations with the appointment of a leadership team based in Toronto and Montreal. Based in Toronto, Jos Schmitt is managing partner of Capco’s operations in Canada. He also heads the firm’s global market infrastructure practice. Capco employs about 80 staff in Canada. Also based in Toronto, other members of the new Canadian leadership team are Ido Gileadi, who leads the technology practice, and Nick Jackson, who heads up the wholesale banking practice. Miriam Tuerk leads the retail banking and payment practices and is also responsible for business development activities. Based in Montreal, David Pascal heads up the management and delivery of finance and risk projects. The expansion into Canada comes on the heels of the opening in December 2004 of a new service delivery centre for Capco in Bangalore which houses 100 employees.
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.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.