Citi has made a number of management appointments in its Global Commercial Bank and Global Transaction Services businesses. Michael Guralnick was appointed to the newly created role of global head of client management for Citi’s Global Commercial Bank. Guralnick is based in London and will continue to have direct responsibility for Global Transaction Services client management in the Europe, Middle East and Africa region. Rajesh Mehta was named head of cash management for Global Transaction Services in Europe, Middle East and Africa, and Steve Donovan was named head of cash and trade sales for corporate and public sector, Global Transaction Services in Europe, Middle East and Africa. Donovan joins Citi from JPMorgan Chase where he has over 20 years’ experience in the transaction services industry covering a wide range of products and geographies. His most recent role at JPMorgan Chase was that of corporate sales executive for EMEA, Asia Pacific and US-outbound business, with responsibility for treasury, trade, card products and the public sector.
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.