Barclays has appointed Frank Hofmann as head of cash management, Germany within its corporate banking team. Hofmann will be responsible for driving the delivery of cash management services to multinational and large local German corporates, as well as delivering local solutions for internationally active corporates in Germany.
Hofmann joins Barclays from SEB in Frankfurt, where he spent six years driving the German cash management business.
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.