The Financial Services Authority (FSA) has appointed Mark Norris as its new chief operating officer, replacing David Kenmir. He will have overall responsibility for all aspects of finance, planning, HR and project management, facilities and information systems across the FSA. Norris has 25 years experience in financial and professional services, most recently as COO of Credit Suisse’s UK private banking business. His career includes senior roles in operations, audit and compliance in the UK as well as Japan, Hong Kong, Australia and the US. A qualified accountant and member of the Institute of Chartered Accountants in England & Wales and Australia, Norris’ early career included audit services roles at KMG Thomson McLintock and Price Waterhouse. He joined Jardine Fleming Hong Kong in 1994, and later took up the role of COO for the Investment Bank’s Japan operation. Between 1998 and 2003 Norris worked for Deutsche Bank as head of operations for Deutsche Asset Management in Europe, before moving to JPMorgan’s Worldwide Securities Services business in the US, subsequently taking over as head of operations Europe at the bank’s asset management business in London.
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.