The board of directors of the Bank for International Settlements (BIS) has appointed Diego Devos as general counsel, effective 1 October 2009 following the retirement at the end of September of Daniel Lefort. Devos joined the BIS in 2006 as deputy general counsel. In his new role as head of the Legal Service, Devos will serve as a member of the BIS’s executive committee, which is responsible for implementing the bank’s strategic and policy direction as determined by the Board. He brings to the post 28 years of experience in providing legal advice and assistance to central banks and international financial organisations. Before coming to the BIS, he held senior positions in the legal divisions of Euroclear Bank and the National Bank of Belgium.
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.