Standard Chartered has made a series of appointments to its Transaction Banking team. The British bank recently announced three personnel changes in the team headed by Transaction Banking boss Michael Spiegel. According to a statement, Marion Reuter will manage the business in Europe and Germany from Frankfurt. Since Brexit, the Main metropolis has served as the British bank's EU headquarters, which is headed by Nicolo Salsano.

Reuter joined Standard Chartered in Frankfurt at the beginning of 2013, where she was most recently Head of Sales for Europe in Transaction Banking. She will keep this job in her new role as Head of Transaction Banking for Europe and Germany. She will succeed Karin Flinspach, who is leaving Standard Chartered, according to the bank. Reuter previously worked for Deutsche Bank in Frankfurt and Zurich for twelve years.

Standard Chartered is not only making adjustments in European Transaction Banking. The bank is also making a series of appointments within its team in Asia. Ankur Kanwar is taking over as Head of Transaction Banking in Singapore and Southeast Asia. Kanwar is taking over Maisie Chong's job. In addition, Sofia Hammoucha is taking over as Global Head of Trade & Working Capital. She will work from Singapore and succeed Kai Fehr, who is moving back to Germany for family reasons.

There seems to be a lot of movement in terms of personnel in Singapore at the moment. In mid-August, Bloomberg reported that Standard Chartered plans to cut 20 investment banking jobs in London and Singapore.