Standard Chartered has appointed Mark Dowie as the group head of corporate finance, wholesale banking. Dowie will be based in Singapore and will join the wholesale banking management group, reporting to Mike Rees, chief executive officer (CEO) of wholesale banking at Standard Chartered.
Dowie will take over from Sean Wallace, who is currently also group head of origination and client coverage at the Bank.
Dowie’s corporate experience includes several senior roles in the banking and finance industry. Most recently he was with UBS where he was managing director and joint head of investment banking for Asia. He was responsible for equity and debt financing as well as merger and acquisition (M&A) and advisory activities in the Asia region. He returned to London with UBS as vice chairman, investment banking. Prior to UBS, Dowie worked at Jardine Fleming, where his experience included co-leading the investment banking business and developing a leading M&A franchise in Asia, and at Barings in Asia and London.
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.