Amazon.com, the world’s largest online retailer, has selected Deutsche Bank to act as its European Cash Management bank. The world’s leading Internet retailer has chosen Deutsche Bank to support its online expansion across Europe. The cash management system provided for Amazon will feature ACH* credits and collections, cheque issuance and collection, treasury payments and cross-border cash concentration. The Bank’s electronic banking system, db-direct, facilitates account reporting and treasury payments and provides a platform for banking and treasury services.
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.