The Board of Directors of the Association of German Banks has announced that Andreas Schmitz, chairman of the management board of HSBC Trinkaus & Burkhardt AG, Duesseldorf, will be the next president of the association. Schmitz will assume office on 24 March 2009 and replace Klaus-Peter Mueller, chairman of the supervisory
board of Commerzbank AG, who has been president since March 2005.
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.