The IBOS Association has announced the launch of a major new addition to its range of European liquidity products. IBOS Dzero Cash is the first multilateral concentration product which is delivered without the use of a so-called ‘overlay’ bank. Developed specifically for the concentration of euro positions, it links the normal banking activities of a multinational company that banks with IBOS member banks in several European countries. This multibanking product represents a major advance, because it creates a completely integrated service ranging from the local account through the national concentration mechanism and then to the regional ‘overlayed’ position within a coherent network and without loss of value.
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.