Aerarium, a ‘Global Forum on Working Capital’, has been launched by Bank of America to provide WCM specialists and treasurers with an opportunity to identifying and analysing new solutions to the critical issues facing the industry. Aerarium’s mission is to engage leaders in government and industry and help improve working capital management around the globe. Membership currently includes senior executives from some of the world’s largest multinational corporations and financial institutions. Future membership will expand to include leading academics in working capital. The inaugural Aerarium summit took place June 19-21 in Malaysia. Designed as an ongoing series of summits, the next Aerarium session is scheduled to take place in Europe this September.
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.