Commerzbank has appointed Stephan Engels as chief financial officer (CFO), with effect from 1 April 2012. Since 2007 Engels has been head of finance and controlling at Mercedes-Benz and head of group controlling and reporting at Daimler.
Prior to this he was CFO at DaimlerChrysler Bank and at DaimlerChrysler Services. Engels was born in Hamburg and studied economic sciences at the Hochschule St Gallen.
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.