Bank of America Merrill Lynch (BofA Merrill) has made two leadership changes within the global treasury solutions (GTS) team. Paul Greenhalgh has been appointed head of international subsidiary banking (ISB) sales, GTS, Europe, Middle East and Africa (EMEA). This follows a september announcement naming Jennifer Boussuge as head of global treasury sales.
Martin Knott has been appointed head of trade, GTS, EMEA. Recognising the significant opportunity presented by global trade and supply chain finance, BofA Merrill has also announced the establishment of a dedicated trade organisation for GTS in EMEA, which Knott will lead.
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.