JPMorgan Treasury Services has been selected by CLS shareholder Banco Popular Español to provide CLS third party services. Banco Popular Español, the third largest banking group in Spain, selected JPMorgan after an extensive review of third party services providers because of ‘its reputation within the market and competitive pricing, as well as its liquidity and credit offering’. Brian Wedge, CLS Product Manager at JPMorgan, comments, ‘This is a significant win for us, particularly because Banco Popular Español is a CLS shareholder and has been highly involved with CLS since inception.’ JPMorgan has secured mandates with 20 third party services clients world wide.
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.