According to newly released research, 81% of chief financial officers of multinational companies would like to see greater transparency in the expertise of banks and financial advisors. Demand for greater financial services transparency is fuelled by the fact that nearly one third (31%) of multinational companies anticipate 2001 being a busier year for mergers, acquisitions or fund raising than 2000, while a further 31% expect corporate activity to remain at the same high levels of 2000. With this increased activity, more than half (56%) of finance directors expect to have to manage relationships with an increasing roster of professional advisers over the next three years, as companies demand specialists in key areas.
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.