Bernard Hanratty has been appointed funds services head for EMEA at Citigroup. Hanratty will be responsible for leading managed funds, transfer agency, fiduciary services and asset management solutions businesses. He will drive the alignment of efforts among the product, sales and coverage units to ensure Citi is focused on the right opportunities in the right markets. As the senior representative of funds services in EMEA, Hanratty will undertake to increase the profile of the funds services business within the investment community and among key clients. He will also work with the EMEA Global Custody and Security Finance teams to develop client segment strategies to promote and deliver the Investor Services suite of products.
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.