Standard Chartered has been appointed by the Hong Kong Monetary Authority (HKMA) as the Settlement Institution for the euro clearing system in Hong Kong. The euro clearing system, the first in Asia, will be an important addition to Hong Kong’s financial infrastructure. It will facilitate the efficient settlement of euro transactions on a real-time basis within the Asian time zones. It is expected to launch in the second quarter of 2003.
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.