Trust isn’t necessarily the first word that springs to mind when discussing the nation’s banking fraternity, especially given the events of the past few years and public perceptions of bankers as corporate fat cats. But US Bank’s Richard Davis has been plotting a steady course through the recession that has both customers and investors purring.
Peter Hobbs has widespread experience of advising investors across European, US and Asian markets. As Senior Director of Group Business Development at IPD (Investment Property Databank), he is focused on developing the commercial strategy of the company, overseeing IPDs client facing. This includes responsibility for three main areas of IPD: product development, marketing and overall research. FST asked him to share some of his expertise in heading up a successful company in this challenging time.
Standard & Poor’s 500 companies have reduced cash and short-term investments to $2.4 trillion from a record $2.46 trillion, the first decline since mid-2009.
Mark Madoff, the eldest son of disgraced financer Bernard, was found hanged in his Manhattan apartment in December.
Maximizing the efficiency of commercial operations is standard fare for companies operating in a difficult economy and with budget constraints.