In an effort to streamline operations and take advantage of economies of scale, Zurich U.S., a leader in business insurance and risk management services, and a member of the Zurich Financial Services Group, has consolidated its domestic cash management services with ABN AMRO Bank. Under the terms of the new arrangement, Zurich U.S. will utilize ABN AMRO’s e-commerce, disbursements and receivables products, reducing its banking relationships from more than 15 to just one for all U.S.-based cash management 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.