Bank of America has announced two appointments to its London-based global structured finance team. Richard Downer and Neil Warman join as head and deputy head of mortgage principal finance respectively. Both report to Steve Skerrett, head of asset backed securities origination for Europe, the Middle East and Africa (EMEA). Downer has over 18 years’ experience within the investment banking sector and has spent much of his career in structured finance roles for Greenwich NatWest, ANZ and Merrill Lynch. He has completed a number of market leading transactions, with a strong focus on the residential mortgage sector. He joins Bank of America from Bear Sterns. Warman also joins from Bear Stearns where he was a banker in the company’s mortgage and consumer finance group.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.