Northern Trust, headquartered in Chicago, is a leading global custodian to institutional investors worldwide. Current assets under administration total GBP 717 billion. SG, with a direct presence in Paris, Frankfurt and with London to be added in 1999, will have multiple access to TARGET through three Real Time Gross Settlement Systems (RTGSs) in Europe. ‘In addition to EBA membership, SG will be connected to all major European net clearing systems, complementing its capacity to make payments via its European network and its correspondent banks,’ commented François Coulet, head of UK Correspondent Banking for SG.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.