Thomson Financial announced that it has formed a local rating agency in Mexico called BankWatch de Mexico. Thomson Financial will provide technical assistance to the new agency and work with the local partners to commence business. The company will rate all types of local Mexican issues and issuers. BankWatch de Mexico has already been licensed by the Comision Nacional Bancaria y de Valores, Mexico’s banking supervisory agency and securities commission. Luis Bravo is the general director of the new company. Since 1993, he has owned Consultoria Economica y Financiera, serving foreign and domestic clients, primarily on trade-related issues.
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.