Former Citigroup securities executive, James P. Donovan, will join Swift as head of its securities industry division and member of the executive committee. He will succeed Francis Remacle who is retiring later this year. Donovan joins Swift on 1 August 2005. Following a two-month transition period he will assume executive responsibilities effective from 1 October 2005. He will be based in Swift’s New York office. With over 20 years in the securities services industry, Donovan’s responsibilities have included operations, strategy, product development and market management. In his new position at Swift, Donovan will focus on working with financial institutions.
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.