HSBC has appointed Bhriguraj Singh as head of product management for global trade and receivables finance Asia-Pacific (ex-Hong Kong and Macau), effective 11 June 2012. Based in Hong Kong, he will be responsible for enhancing the bank’s existing Asia product offering to meet the increasing demand for trade and receivables finance products among customers across the region.
Previously head of global trade and receivables finance in India, Singh will report into Simon Constantinides, head of global trade and receivables finance Asia-Pacific (ex-Hong Kong and Macau).
HSBC has also appointed Surath Sengupta as head of global trade and receivables finance, India. He will be responsible for driving trade revenues and growing the bank’s marketshare in India. Sengupta was previously based in the UK as head of international business, commercial segment, UK.
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.