Mike Blum has been appointed as the vice president of HP’s worldwide financial services industry. Blum joins HP from Amdocs, where he was president of the Financial Services Division. Prior to Amdocs, Blum was a leader of IBM’s multibillion-dollar Global Banking Practice, driving IBM solutions for the banking industry in the Americas, Europe, Middle East, Africa and Asia Pacific. Earlier in his career, Blum had a long tenure at PricewaterhouseCoopers, where he held a variety of executive positions, culminating as global managing partner of Financial Services. Blum has more than 30 years of experience in information technology consulting and integration working with money-center banks, large brokerage firms and national insurance companies. Blum has consulted to such financial institutions such as JPMorganChase, Bank America, Citibank, American Express, Credit Suisse, ABN AMRO, Bank of China and Dresdner Bank. Prior to consulting, Blum worked on Wall Street, implementing securities back-office systems and banking branch networks.
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.