Deutsche Bank has appointed Jon Richman as managing director and he will take up the newly created position of head of North America sales for trade finance and cash management corporates in Global Transaction Banking (GTB). GTB encompasses Deutsche Bank’s cash management, trade finance, capital market sales and trust & securities services. Based in New York, Richman will report to GTB’s David Conroy, Americas head of trade finance and cash management corporates. Previously, Richman spent more than 20 years at Standard Chartered Bank. In his most recent position, he led Standard Chartered’s transaction banking business in North Asia, covering Hong Kong, China, Taiwan, South Korea and Japan. Before that, he held management positions in wholesale banking and other areas of Standard Chartered. During the course of his career, Richman developed a number of trade and supply chain finance solutions.
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.